My interview on FOX BUSINESS with Charles Payne live. @cvpayne talking CXMT Memory($MU) and few other picks. Chinese chipmaker CXMT soars after blockbuster IPO | video.foxbusiness.com/v/6402…

A record quarter from $SKHY and this bodes well for $MU supply/demand visibility and buybacks. Net profit was about ₩40T, well short of the roughly ₩55T estimate. The ₩43T gap between OP and net income is far too large to be tax alone Numbers: Clean operating beat with one hole: net income. Revenue was ₩104.6T and operating profit ₩83.3T, against LSEG estimates of ₩98.3T and ₩76.7T. That is roughly a 9% OP beat. Operating margin came in at 80%. Revenue and OP rose 31.9% and 37.6% QoQ BUYBACKS: SK Hynix plans to return a total of $75 billion to shareholders this year. It pledged to return more than 50% of its cumulative free cash flow to shareholders over the three years through 2027. LTAs:14 major customers have signed, covering more than 50% of 2027 and 2028 capacity. Supply call. Management expects demand to exceed supply through 2030, citing leading-edge process difficulty and fab lead times. That supports your MU/KV cache thesis

And there it is from @markgurman of Bloomberg. $AAPL now has created DUOGATE

$INOD Innodata stock fell 28% after reports that it abruptly laid off nearly 550 employees in India, with more cuts in the Philippines. They have 2 clients, one of them $META. Client concentration risk is real. Research is even more important to flag these kind of situations. No position.

Sorry,this is unacceptable from a $5T company $AAPL that has been the top high end mobile device OEM for the past 2 decades. This could be a systemic issue “The consistency points to a possible sensitivity in the hinge tolerances or in how the display is supported during the fold,” says Francisco Jeronimo, vice president of worldwide devices at research firm IDC. I don’t own a Duo but have been seriously considering getting one. I will wait. $AAPL better get their act together. Don’t say Apple was not aware of this issue. Why the rush to get a foldable to market? Was it the 7 year lag with Samsung who had a seamlessly working bifold since 2019. Samsung had the S10 series from 2019.

Neocloud Winter breaking. $CIFR is oversold here. They did a bad timing on their latest raise and overpaid. Its on management for that snafu. The punishment has been too severe. Given all that two contracts with AWS and Google is a contract that other COLOs don't have. Other than $WULF which I own and have advocated for multiple times.

$AVGO finally catching a bid. Anthropic has made $161B in commitments to Broadcom. If Anthropic IPO does well followed by OpenAI next year it makes Broadcom custom ASIC business a viable business. Anthropic will be purchasing at least 16GW from $AVGO between now and 2028. Of the ~32.3 GW Broadcom has provided guidance for, Anthropic will be making up ~50% of it,” -Barrons

Don’t touch my $BB

Anthropic S-1 is 318 pages. Don’t worry you can run it via Claude and use some cheap token to analyze it. Here are my first impressions - Anthropic is betting“self-reinforcing loops” will create competitive advantages. My take - every open source model can take advantage of RSI In China energy is cheaper even if compute is scarce so no bueno on this logic. This one could come to fruition as more advanced multi step tasks stay at frontier models. And boy does Anthropic use convoluted language! “Revenue from expanding enterprise adoption helps us to fund the compute, research, and talent needed to improve Claude. Claude’s advancing capabilities expand the range of tasks and workflows customers use Claude for, broadening our addressable market and driving deeper deployment, additional revenue, and continued reinvestment in Claude” This is a red flag, not huge but red: As expected, the company’s growth decelerated in the third quarter. Revenue rose 45% quarter-over-quarter to $16.8 billion in the period ending Sept. 30, down from a triple-digit percentage jump the prior quarter, The Wall Street Journal reported last week. That slowdown may give some investors pause.- Barrons Now the $630B 10yr Ai infra spend on compute memory power will help $WULF $CIFR $HUT Anthropic has commitments to spend about $630 billion on data-center capacity and chip leases over the next 10 years, and it is potentially on the hook for $145 billion to $170 billion more.Lets round upto $75B a year next 10 years base case. This screams cybersecurity positions - As AI systems become more capable, the potential severity of harm from misaligned or misused models increases correspondingly, and a wide range of stakeholders, including researchers and policymakers, have raised concerns that sufficiently advanced AI systems could pose catastrophic or existential risks to society if not developed and deployed responsibly,” My take Anthropic likely reprices to $1.5-$1.75B IPO. The market is not in any mood to buy $2T into a Frontier Lab facing competition.

Please avoid this impersonation of me. In fact it has already pre blocked me. Wow @elonmusk it takes a scammer seconds to create an account and it takes the legit owner few minutes to report with several orientations of facial photo and ID. Gotta be a better mechanism.

@PaulBPrager @TeraWulfInc

Got to share Fox Business set with Savita Subramanian of @BankofAmerica Her view: some AI trades are fading. My view: rates are a headwind but data centers are permitting long-duration power assets at 15-30 year terms, the cheapest they've ever been. The buildout isn't slowing. The financing just shifted. Loved being in the room where these conversations happen live. $wulf $cifr $mu $hut

Heading to FOX BUSINESS MAKING MONEY WITH CHARLES PAYNE in studio! 2pm ET Don’t miss it! Will talk data centers META earnings SpaceX $WULF $CIFR $HUT $META $SPCX