To The Moon

$Roundhill Memory ETF(DRAM)$  Someone mentioned that $Micron Technology(MU)$ , Samsung, and SK Hynix are all trillion-dollar companies, making up 72% of DRAM. You're expecting them to go up 200% in 6-9 months? That would mean the market cap for memory stocks alone would go from $4.2 trillion to $12.6 trillion.

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $Roundhill Memory ETF(DRAM)$ Maybe the memory sector needs a little breather... just a smidge. The ETF being 12% over its 8-day EMA is a bit concerning. It's similar to early May. But no, semis/memory haven't topped yet... still a long way to go. $Micron Technology(MU)$ 

$Micron Technology(MU)$ Another trend starting to play out. Welcome to the club, MU. Rotation into memory is exactly where smart money has been positioned: tight supply, HBM bottlenecks, and AI demand pulling the entire stack higher. We've already seen how this played out with $SanDisk Corp.(SNDK)$ , $Intel(INTC)$ , $Taiwan Semiconductor Manufacturing(TSM)$ , $Advanced Micro Devices(AMD)$  - once the cycle turns, mega caps don't just move, they re-rate hard. Micron Technology is now sitting right in that same "late-underappreciated to early repricing" phase.

The stock is up roughly 9.4% today and about +89% since I first started tracking it. I'm not trying to overhype it, but the move is consistent with what we're seeing across advanced packaging names - the demand curve hasn't slowed down, it's actually accelerating with AI compute density. The real shift in semis is becoming more structural: not just more chips, but more stacking - vertical integration, chiplets, and Z-axis scaling. Watching the broader ecosystem: $Taiwan Semiconductor Manufacturing(TSM)$  - leading edge packaging capacity plus scale advantage $Amkor Technology(AMKR)$  - OSAT exposure tied directly to advanced packaging demand $Intel(INTC)$&nb

$Roundhill Memory ETF(DRAM)$ If it can net $5 per week, we could easily be at $100 in a month. That would take it to the end of July.

$Micron Technology(MU)$ Last quarter's net income came in at $13.79B, representing a massive year-over-year surge of over 770%. Driven by relentless HBM demand, expectations for the upcoming June 24 earnings report remain sky-high, with consensus quarterly EPS estimates pushed near $19.95.

This is one of those charts I keep coming back to. Everyone talks about AI chips, but not enough people are talking about what happens behind the scenes. Operating income going from roughly $1B to nearly $160B in less than three years is absolutely insane if execution stays on track. The crazy part? AI isn't just filling existing compute capacity anymore. Every bigger GPU cluster and every new HBM deployment is creating even more demand. Better models, more AI agents, heavier workloads... it just keeps feeding itself. That's why I still think the AI infrastructure story has plenty of room left. I'm watching $Micron Technology(MU)$  closely here. Curious how everyone else is positioning for the next leg.

Renaissance Technologies, the quant firm built by Jim Simons, has a legendary track record: first disclosing $NVIDIA(NVDA)$  in Q1 2011 (now +46,000%) and $Micron Technology(MU)$  in Q3 2013 (now +6,000%). The firm now holds a massive ~$1B stake in $Palantir Technologies Inc.(PLTR)$ , which is strategically positioning itself to dominate the execution layer of real-world enterprise applications as agentic AI scales.

$Intel(INTC)$  Intel still seems undervalued. It takes 1 to 12 Intel chips per graphics system, and even if Intel only has a 50% market share for CPUs, its market cap should be 2 trillion.

$Roundhill Memory ETF(DRAM)$ Saw a $22 million $60 put buy for August. Not worried. Holding my leaps into next year. I do think we see another dip soon though.