Weekly profit of 6.85 million, he has mastered this wave of AI chips

Crypto news, US stock trader "yixie" has once again turned bullish on Micron Technology (MU), increasing their long position to $12.5 million. The trader today opened a long position on MU with 3x leverage, continued adding to the position in the afternoon, and is still increasing holdings in batches as of press time. Currently, this long position holds 16,859 shares, worth approximately $12.5 million, with an average entry price of $750 and a liquidation price of $526.35. Over the past week, yixie has heavily bet on the AI chip industry chain, trading stocks including MU, AMD, SNKD, and CBRS, which are core stocks in storage and AI computing power, recording a profit of $6.858 million.