DanielRomero

I had the opportunity to speak with $LPK CEO, and I was surprised by a few things he told me
Of course, there are many NDAs in this space, but you have to pick up on the breadcrumbs

$NBIS is now up 1,234% since I called it a potential 10x a year ago
🥂

All the latest raises for $MU by analysts
The average price target from these raises is now $1,360
Citigroup raised its $MU price target to $1,200 from $840
Deutsche Bank raised its $MU price target to $1,500 from $1,000
RBC Capital raised its $MU price target to $1,200 from $525
TD Cowen raised its $MU price target to $1,500 from $660
Aletheia Capital raised its $MU price target to $1,600 from $650
Daiwa Securities raised its $MU price target to $1,600 from $700
Goldman Sachs raised its $MU price target to $900 from $400
Cantor Fitzgerald raised its $MU price target to $1,500 from $700
Wells

This may seem cycle-top-like, but there is just no way to fix this without AI capex collapsing fast
And that is not happening
You can design around memory, but that mostly improves the system beyond just adding more memory. It does not mean you do not want as much memory as you can get

Crazy year
➣ No margin
➣ No options
➣ No day trading
Just stock picking
I look at my portfolio and still see so many clear multi-baggers from today’s levels
AI is the most powerful trend there has ever been, and the most lucrative for investors

$SPCX being worth more than $AMZN is mind-blowing
The market cap requires context, though
Only 4.8% of $SPCX’s $2.75T market cap is tradable float. The rest are locked shares that will partly be freed over the next 18 months
In Amazon’s case, the tradable float is around 90% of its current market cap
What this means, in simple terms, is that many dollars are chasing very few shares, which pumps the market cap to "artificial" levels

AI Infrastructure Roadmap
What you need to research to outperform over the next few years
Now → memory + optical transceivers
2027 → 800V + early CPO
2028 → PLP + scale-up optical
2029 → glass substrates + HBM5
2030 → optical I/O chiplets + embedded cooling
2031 → 3D DRAM + microfluidic cooling

I’ll be able to speak with the CEO this Thursday of what may be the most popular glass substrate pick on X
I don’t want to overshare, but in case you have any glass substrate questions, particularly related to TGV, you can leave them below

Financial Times reports that fusion plant construction spending could reach $73B per year by 2040
The US DOE just finalized its Fusion Science and Technology Roadmap, targeting fusion pilot plant deployment by the mid-2030s
The only pure-play fusion company in the public markets is General Fusion, through $SVAC, expected to trade as $GFUZ once the merger closes
However, investors should be careful. This company did not go public by choice. It is a last opportunity to stay afloat
Many companies in the space will go bankrupt
Other public stocks related to fusion include:
$5803.T, Fujikura, super

Ajinomoto $2802 says ABF is not currently in shortage
Ajinomoto’s CEO says AI demand is putting pressure on ABF supply, but the company expects to meet demand through 2030. Beyond that, visibility is less clear
The CEO says Ajinomoto has not raised ABF prices just because it has monopoly-like power, despite investor pressure. He argues that aggressive pricing could damage customer relationships and encourage customers to look for alternatives
However, he leaves the door open to higher prices if substrates keep becoming more complex and higher value-added. In other words, prices may rise struct

CPU shortages to ease in H2, according to MSI’s chairman
MSI says GPU chip supply has fallen around 30% because $NVDA cannot fully meet demand due to limited memory availability
PC demand is weakening because of higher prices. MSI says its DIY segment is down around 20%, while the broader PC market is down 10–20%
$AMD and Intel are reportedly increasing their priority on PC CPUs again. AMD supply should improve in Q2, while Intel supply should improve in Q3

There is one key $SPCX supplier trading at 13x 2026 EPS, and nobody is talking about it

Memory can 10x from here
$MU market cap: $1.2T
$SPCX market cap: $2.3T
$MU annualized FCF: $28B
$SPCX annualized FCF: -$36B
$MU annualized net profit: $55B
$SPCX annualized net profit: -$17B

If you like $TE, you’ll love $TOYO
Same theme: U.S. solar manufacturing + domestic content + tariff reshoring
Different valuation
Market value
→ $TE: ~$2.4B market cap / $2.7B EV post-raise
→ $TOYO: $510M market cap / ~$500M EV
So $TE trades at roughly 4.6x TOYO’s market cap and around 5x+ TOYO’s EV
2026 production
→ $TE: 3.1–4.2GW module production guide from G1_Dallas
→ $TOYO: 5.5–5.8GW solar cell shipments + 1.0–1.3GW module shipments
Q1 financials
→ $TE: $178M revenue / 16.4% gross margin / $9.1M adjusted EBITDA / -$72.9M operating cash flow
→ $TOYO: $143M revenue / 33.5% gross margin / $

$ADBE is now down over 11% as the CEO, and now the CFO, exit the company

2026 was the year of photonics
2027 will be the year of PLP and glass substrates

$MU flirting with $1,000 again. I love this company
Today: +11.66%
YTD: +215%
Best part is that memory could re-rate another 100% and still feel fairly valued