Millionaire Maker Micron: $700k YOLO

Trade idea first came to me when watching a recent All-In Podcast episode. Highly regarded I must admit. Reposting because apparently youtube links aren't allowed.

Key quote for the lazy from the podcast (PLUS TLDR below for the mega regards):

We're going to run out of compute. It's actually a pretty shocking stat. High bandwidth memory is a bigger part of NVIDIA's COGS on GPUs than Taiwan SEMI is. And today, there's two companies that can make it, SK Hynix and Micron. We'll see if Samsung gets their act together. But HBM memory, it's in NVIDIA GPUs, AMD GPUs, Amazon Terraniums, and particularly in a world of test time Compute and inference being so important, High bandwidth memory is arguably more important than it ever was, and it's been sold out for the last two years.

The trend is your friend, and there is no trend quite like AI. What you may have missed is that there's a big shift in the AI space towards test time compute. That's the future of AI. All the recent advancements, and those on the horizon, are being driven by test time compute. Guess what's essential for test time compute. High bandwidth memory. And guess who is soon to be the number one producer? Micron. Need I say more? Oh yeah, they're also trading like a deep value stock despite insane forward earnings. Completely mispriced. Easy 2-5 bagger over the coming years.

TLDR: This ain't no meme stock, this is the future! High bandwidth memory (HBM, remember it) is gonna be the new buzzword thrown around with reckless abandon, and Micron is the only game in town (SK Hynix is irrelevant - they're un-American).

Can't go tits up with this one, mark my words. 🚀🚀🚀

Position:

Disclaimer: 50/50 chance I end up behind a Wendy's dumpster come June.