In search of asymmetric bets
New York, NY
Joined August 2021
- Tweets1.7K
- Following620
- Followers727
- Likes3.3K
Sponge retweeted
Micron results: I think the biggest take away for me is really simple: Micron made more profit this quarter than NVDA made almost exactly 1 year ago. And next quarter’s guidance is way more than what NVDA made in Q3 of 2025. NVDA did about $35 billion in revenue and $20 billion in profit in q3 2025. Micron will do $50 billion in revenue and $35 billion in profit next quarter. Does everyone see this? Does everyone understand this? NVDAs market cap at the time was $4 trillion. Micron’s current market cap is $1 trillion dollars. Micron is growing faster than NVDA did last year in actual dollars and percentages and it trades at 1/4 the valuation. Math is math. Liars figure, but figures never lie.
Sponge retweeted
A $2.0 billion company building the first commercial photonic memory product on the market in partnership with $MRVL and nobody is talking about it.
$PENG Penguin Solutions. Trading at $40. 15x forward earnings. Zero photonics revenue priced in.
Penguin was an early investor in Celestial AI. $MRVL acquired Celestial in February 2026 for billions. $PENG got a $27.5 million cash payout from that acquisition and kept the most important thing. The partnership.
They are actively developing the Photonic Memory Appliance with $MRVL right now and the CEO confirmed it explicitly on the last earnings call.
The PMA is the first commercial photonic memory disaggregation product being built for large scale AI environments.
Photonic connectivity dramatically increases the capacity to share memory across workloads at speeds conventional interconnects cannot match.
As inference scales this is a critical bottleneck solution. $PENG builds the box.
$MRVL guided $500 million run rate by FY28 and $1 billion by FY29 on the Photonic Fabric platform. $PENG is in the critical path of that entire buildout. The market is pricing none of it.
Then the $AMD partnership just dropped. $PENG and $AMD signed a collaboration with Shell to enhance AI data center efficiency.
Shell’s Houston facility already runs 864 Penguin built servers loaded with dual 96 core EPYC processors. $AMD takes the chip revenue.
$PENG takes the systems revenue. Every enterprise AI deployment on EPYC is a $PENG revenue event
Full year revenue growth guidance just raised from 6% to 12% on the back of memory segment strength. Enterprise and sovereign AI pipeline growing 50%.
15x forward earnings. Photonics optionality at zero. $AMD CPU supercycle tailwind. $MRVL partnership confirmed.
The re-rate will happen soon.
Sponge retweeted
With the $CBRS IPO this week -
The question that naturally arises - how do I position for it?
$WYFI is the most interesting pure play.
They’re explicitly named as a colocation tenant relationship, and a successful Cerebras IPO validates their pivot from Bitcoin mining to AI infrastructure.
Small-cap, so it would move more on sentiment than fundamentals shifting.
Sponge retweeted
AI has a memory problem. $PENG has the solution. And it’s only a matter of time before the price reflects that.
Every long AI conversation builds a “KV cache” inside the GPU. Long docs, agent tasks, big context windows — the cache overflows fast.
When it overflows, GPUs recompute, stall, or refuse the request. That’s why inference is so expensive.🧵
Sponge retweeted
We're working on a theoretical anti-snipe solution for tokens.
For those who are old enough to remember, we stopped the sniping of NFTs when the chain went offline due to snipers. TPS remained unaffected during any hype launch that used our solution.
Once we have something more concrete, we’ll deploy it under @LiveBonk launches that we deem necessary.
Sponge retweeted
Just published a new article on @crypto_dot_news on how aggressive crypto incentives can help accelerate the AI singularity.
Getting the Taraxa name out there, one article at a time 🚀
crypto.news/ai-evolution-acc…
Sponge retweeted
PF makes 10M daily in SOL, sells it all and goes to one person's bank account.
What would happen if that 10M each day is distributed back to degens?
$GFM @GoFundMemes is net positive for solana, trenches, holders & creators!
Sponge retweeted
$INC just broke 3000 holders, and has burned over 28.8% of the total supply forever 🔥 It's only day 2👀
With a hyper deflationary token like Incinerator, holding is advantageous. Ive seen many people confused on why this is bullish so heres a short thread. @incineratorCTO
🧵
Sponge retweeted
Most liquidity and velocity is on Solana. Pumpfun is the biggest casino- Making more than any other platform/blockchain in crypto
10 to 15M daily goes out of sol ecosystem to one person's bank account.
$GFM is the only project which challenges it. 100% revenue goes back to trenches.
Own the casino! In 30 days 150k paid to GFM stakers, 200 launches/day & it's just a start.
dune.com/chasui9999/gfm-data
Sponge retweeted
in the last 24 hrs. @GoFundMemes returned around 110 sol back to degens. In one day, over 20000 USD back into the ecosystem, in only 1 day, people have no idea what @ellihandro and @ProbWork build
Sponge retweeted
Regardless of whether you made money on Trump or not, the implications of the President of the United States launching a coin on Solana are massive.
He has now opened the floodgates for any American team to launch tokens on-chain, where previously it was considered too risky for most teams. He’s also signaled to the world that Solana is where you should launch retail tokens and what better endorsement could you ask for.
I was feeling super positive about BONKPad this year, but now I’m just euphoric and excited to see the ripple effects from today.
