Leopold Aschenbrenner's fund owns 21.1% of SharonAI (SHAZ). It's currently sitting $101 million below cost.
Situational Awareness filed a Schedule 13D reporting 8,070,950 SharonAI (SHAZ) shares at a cost of $523.9 million. The same position was in its filings before the fund's July losses, and it's still there.
Growing up, nobody in my school knew what Korea was. Now it's the world's No. 3 AI power.
My classmates knew exactly two Asian countries. Stanford's AI Index 2026 now ranks South Korea third in the world in AI models, and the memory chips behind the whole AI trade come from Seoul.
China's top DRAM maker ChangXin (CXMT) lost money a year ago. It just earned $10.8 billion in six months
China's largest DRAM maker reported 150.31 billion yuan ($22.4 billion) in first-half revenue, up 873.6%, with profit 36% above its own IPO forecast.
Trump praised Micron (MU) again. The stock rose for two minutes (August 27, 2026)
Trump's third Micron post since July landed at 2:31 p.m. Thursday. The stock rose for two minutes, gave it back, and stayed about 2% lower. The first two posts were followed by drops of 10.6% and 4.3%.
SK Hynix (SKHY) breaks ground on $4 billion Indiana HBM plant as production slips to 2029
SK Hynix broke ground Thursday on its first US plant, an advanced packaging site for AI memory in West Lafayette, Indiana. The company now targets mass production in the second half of 2029. Its CHIPS Act award said 2028.
Kioxia plans a $6.3 billion new memory plant in Japan, Nikkei reports
Nikkei says Kioxia plans to invest about $6.3 billion in a new memory plant in Japan for AI data-center demand. There is no US Kioxia ticker; Sandisk (SNDK), Western Digital and Micron are the proxies.
Nasdaq rebounds before Nvidia (NVDA) earnings, with options pricing a $313 billion swing in the stock
The Nasdaq rose about 0.7% Tuesday, recovering Monday's chip-led drop, one day before Nvidia reports. Wall Street expects about $92 billion in revenue, double a year ago.
The SEC subpoenaed four Wall Street banks over the Situational Awareness meltdown, the New York Times reports
Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase were told to preserve records on Leopold Aschenbrenner's fund as regulators examine trade timing and leverage from its near collapse in July.
Nvidia (NVDA) fell six straight days. Earnings will test the $775 billion AI spending boom.
Nvidia enters its Aug. 26 earnings report on a six-session losing streak, its longest since 2022. It has beaten EPS estimates for 14 quarters straight, and the stock still fell the next day six of the last eight times.
Korean investors poured $85.6M into Roundhill Memory ETF (DRAM) in one week. The fund already holds Samsung and SK Hynix.
Korean retail investors bought $85.61 million of the Roundhill Memory ETF in a single week, their second-biggest US purchase after Alphabet. The fund is 26.19% Samsung Electronics and 21.61% SK Hynix, two stocks they can buy at home in won.
Ken Griffin says Citadel has closed out 80% of Leopold Aschenbrenner's Situational Awareness risk
Griffin's first comment on the Situational Awareness purchase came in a Friday letter to clients. It took more than 100 block trades over $4 billion of market value to retire four fifths of the risk.
Memory chip prices are soaring. So why are Micron (MU), SanDisk (SNDK) and SK Hynix (SKHY) falling?
Korea's chip exports nearly tripled in the first 20 days of August and its semiconductor export price index has quadrupled since 2023. Micron, SanDisk, SK Hynix, Samsung and Kioxia all peaked within one week in June and have fallen 21% to 51% since.
For the first time, more money is going into running AI than building it. What that means for Nvidia (NVDA), Broadcom (AVGO), Marvell (MRVL) and AMD
Inference, running AI models, now costs more than training them, and that rewards custom chips and memory over raw GPUs. Here's what it means for Nvidia, Broadcom, Marvell, AMD and Micron.
Leopold Aschenbrenner's latest filing shows he closed 13 of his 16 options positions and moved more than half his fund into SanDisk and Micron
Situational Awareness LP reported $8.46 billion of put positions on March 31 and one on June 30. The money went into SanDisk, Micron, Nebius and STMicroelectronics.
I let Claude AI trade $100 on Robinhood week 9: it wrote down why indie Semiconductor (INDI) was a bad buy, then bought it
Claude AI flagged the indie Semiconductor (INDI) setup as the shape of most of its past losses, bought it anyway, and was stopped out 23 hours later. Both stops fired within two seconds of Tuesday's open as chip stocks sold off. The account is down about a third.
You can trade single-stock options premarket starting August 17 at 7:30 a.m. ET. The first session includes Nvidia (NVDA), Tesla (TSLA), Apple (AAPL) and 18 more.
Cboe Options Exchange begins trading single-stock options at 7:30 a.m. ET on Monday, Aug. 17, two hours before the regular open. Limit orders only, no market or stop orders, and trades in the new sessions do not count toward the day's high and low.
Memory is the bottleneck for AI, and the shortage is real
Elon Musk amplified a post calling memory, not compute, the limit for AI, and memory stocks ran. The shortage is real: demand is growing far faster than supply, and the new SK Hynix and Micron plants do not open until 2027 and 2028.
Applied Materials (AMAT) posted a record quarter and guided higher. Shares fell in extended trading
Applied Materials posted its highest quarterly revenue ever, beat Wall Street on both lines and guided the fall quarter higher. The stock still fell. DRAM is now 26% of equipment sales.
Nebius (NBIS) soars 27% as explosive AI demand burns Michael Burry's short
Nebius grew Q2 revenue 454% to $582 million, swung to a profit, and jumped about 27% as CEO Arkady Volozh said AI demand keeps growing exponentially. The whole data center trade rallied, and Michael Burry's fresh short went underwater.
Congressman Tony Wied sold up to $250,000 worth of AMD stock and loaded up on software stocks
Wisconsin Rep. Tony Wied sold up to $250,000 of AMD on June 3, then bought Adobe (ADBE), Salesforce (CRM), ServiceNow, HubSpot and The Trade Desk six days later. His February filing showed the same move out of chips and into software.
Kioxia spent its entire $5 billion buyback in six trading sessions
Kioxia had until October 30 to spend $5.0 billion buying its own stock. It finished on August 10, six sessions in, at an average of 49,586 yen ($312 USD) a share. Toshiba sold into day one and lost the largest shareholder spot. What the pace and the September guide say for SanDisk (SNDK) and Micron (MU).
Musk says memory demand grows 200% a year against 20% supply. The new Micron (MU) and SK Hynix (SKHY) plants open in 2027 and 2028
Elon Musk did the memory math out loud on SpaceX's call: supply up 20% a year, demand up 200%. Microsoft put $25 billion of its capex on memory and Amazon named it too. The plants that would fix it open in 2027 and 2028.
CoreWeave (CRWV) secured priority SSD supply from SK Hynix's Solidigm in a multi-year deal, but key terms weren't disclosed.
CoreWeave announced a multi-year agreement with Solidigm for priority access to enterprise SSD capacity. The release carried no dollar value, no term length and no capacity figure, which is not how CoreWeave's $21 billion Meta agreement read. Enterprise SSD contract prices rose about 80% in the first quarter.
Palantir (PLTR) grew revenue 93%, raised its full-year forecast by $500 million, and is still a third below its high.
Palantir reported second quarter revenue of $1.935 billion, up 93% from a year earlier, and adjusted earnings of $0.41 a share. It raised full year revenue guidance by about $500 million. Shares were up more than 8% in early after-hours trading.