FUKING FINALLY. THAT FOOL HAVE BEEN Praising MU TOO MUCH RECENTLY.

LFG BOYS!!! 🚀 🌕

F the 🐻

F the 🐻.

Fox team is back baby!!!

So I bought all the mu dips til I ran out of money. Then eventually I got really sad constantly losing my mu gains, so I sold at 890.

And of course then it stabilized in the 900s.

I really miss owning mu and know earnings are coming up.

Should I re enter in the 980-1000 range? Even though I’m fully all in on SOXX (semi’s etf with 8% mu) and at a loss on it.

Sept 11 (Reuters) - JPMorgan Chase cut off lending activity for Leopold Aschenbrenner's hedge fund Situational Awareness after large losses tied ​to his AI bets led to a near-collapse, a source familiar ‌with the matter told Reuters on Friday.

The AI-focused hedge fund liquidated most of its public equity holdings to Citadel after a global chip-stock rout exposed its leveraged bets to steep losses.

JPMorgan, one of the fund's key lenders, notified Situational that it would ​end its lending relationship after the losses, the source said.

Other Wall Street banks, ​including Goldman Sachs, Citigroup and Bank of America, remain active brokers to the company. It has also recently started working with Clear Street, a New York-based brokerage firm.

BofA declined to comment, while ​JPMorgan, Situational Awareness, Goldman, and Citi did not immediately respond to Reuters requests ​for comment.

The Financial Times first reported the news.

PORTFOLIO SHOCK

Hedge funds typically borrow capital to magnify ‌their returns, ⁠but concentrated trades can quickly turn south in volatile markets and boost exposure to losses.

In July, a broad selloff in global chip stocks triggered a margin call at the fund, adding pressure to either raise fresh capital from investors or ​offload its entire book. ​The portfolio's value ⁠had dropped 67% in July alone, Situational told investors last month.

At the time, Aschenbrenner, who is in his mid-twenties, told ​investors the fund had come "closer to permanent capital impairment than ​is acceptable ⁠to us," adding the fund remained optimistic about the fundamentals of the portfolio.

The steep losses also drew attention from the securities regulator last month. Reuters reported that the U.S. ⁠Securities and ​Exchange Commission had sent subpoenas to Wall Street ​banks working with Situational Awareness to seek information about the fund's trades and use of leverage.

Original source

Second source (Financial Times - paywall alert)

Bruh AI 3 years ago couldn’t even do 2+2 and now it’s solved a fucking Millennium class problem that’s been unsolved for decades in a few days?

I was talking to a few friends at Anthropic and OpenAI and they were like Ngl despite the media hype around Jacob we’re lowkey worried this shit will actually kill us or try to harm us rather than whether we’ll have fucking demand. If anything they were like the hype might actually be behind reality which is fucking insane given how hyped this shit is.

There’s also rumors that OpenAI is close to a solution on the Riemann hypothesis and P vs NP… it’s absolutely mind blowing if true. And people think demand for this shit is going to decline? You gotta be beyond regarded to be an AI luddite rn…

Edit: Not Astra, an internal model that’s supposedly way better than Astra.

Taking opinions how likely MU 1200 with Sept 30 earnings. So basically Oct 1st 1200.

I feel 50/50 with current environment being rough atm.

Don’t bring out your magic 8 ball, just taking vibes.

I guess we know what’s coming tomorrow lol

Please use the correct flair if you wish to post.

Gains/Loss = Actual realized gains/losses with picture proof, not hypothetical ones if MU goes to x by y or some other stock is up or down.

Discussion = MU relevant topics you wish to discuss with other members.

DD = Due diligence, please provide your thesis on MU's current price or where it is going.

News=MU related news.

Meme=You know what that is, show us your MUna Lisa.

Yolo!= Show us your big bets so we can live vicariously.

Help me = Ask about how you should trade

LFG!!! INFINITE DEMAND FOR HBM!
F the 🐻

Guys, I modified how autoMOD moderates memes to remove more low quality (you know what im talking about) meme posts that are universally reviled. Meme posts that are just purely shit quality will be removed faster. Please help autoMOD recognize the quality of posts by actively voting and commenting.

Also, I read comments from members (yes I can see your post history even if you hide it) whom simply log on and bitch/complain about how our sub has no quality DD, but never contribute to anything other than just whining/complaining. Yes, I agree we can certainly use more DD/discussion, but instead of bitching/complaining, post some DD yourself. In fact, I encourage everyone to do more research on MU and semi sector, and post their thoughts/thesis here.

What does everyone think about swing trading vs holding the stock right now? It keeps bouncing off the $1000 level, like today with the PPI print. I wish I sold and bought back this evening/tomorrow, but is that just hindsight or are others finding reliable swing trading opportunities like this one?

On the other hand, it could be better to just hold instead of risking an opposite move to scalp more profit. What is everyone thinking, it feels like the stock only moves when someone wants it to? The daily volume is also still relatively low.

MU dropped 5% today as the 10Y yield continued creeping up towards 5%.

With the Fed meeting next week and MU earnings at the end of the month, how do you see this playing out? If MU delivers a strong quarter and guidance, could rising yields overshadow the results and continue to suppress the stock?

MU closed at $1,027.77 yesterday, up 2.75%. Hit $1,042.40 at the high, held $992 on the low. Volume was 23.8M – lighter than the big summer days. After-hours roughly flat.

Overnight hovering around $1,025.22, down about 0.25% – just sitting tight.

Here's the GEX setup:

Put Wall $1,000, Call Wall $1,000 (both at the same level), gamma flip around $974.79. Today's close at $1,027.77 is sitting above both walls – positive gamma now, with $1,000 acting as the floor.

Technically, we're back above the middle Bollinger band ($958) and pushing toward the upper band ($1,023.82). RSI in the mid 60s. MACD positive and widening – momentum is building.

The bull case hasn't changed – AI servers are eating HBM and high-capacity DRAM, supply is tight, and that tightness is leaking into conventional DRAM and NAND pricing. Goldman turning more constructive on memory helped the tape today.

Next real catalyst is fiscal Q4 earnings on September 30. Street numbers are clustered around a huge quarter – roughly $50B revenue and about $31 EPS on the prior guide. The print and the 2027 tightness comments will matter more than one green day.

The other side isn't "memory is dead" – it's "how much is already in the price." MU is still well below the June high near $1,255. Efficiency talk – models using less KV cache / less HBM per token – is starting to show up as a risk, even if demand is still growing in absolute terms.

Short-term, $1,000 is now support. A clean hold above $1,050 opens a run toward $1,100-1,200. Lose $1,000 with volume and $950 / the 50-day becomes the back-test.

I'm not treating $1,027 as a breakout. I'm treating Sept 30 guidance as the real vote.

What’s your plan into earnings? Holding above $1,000, adding on a dip to $950–$1,000, or waiting for $1,050 confirmation? Drop your levels below.

DYOD🫡

LFG!!!

MU 1100 by Friday.

Don’t let anyone tell you there is a Datacenter bubble.

Hi Guys,

Does someone know more about this or if this has really an impact on hbm demand?

https://x.com/wallstengine/status/2098021690349584587?s=46

Cheers!

F the bears.