Has Memory Bottomed?

Bullish

• $MU— Memory stocks (Micron) have pulled back 30-40% from highs and are expected to return to all-time highs with 2-3x upside potential. The AI bubble is not over, with OpenAI allocating more to compute and DeepSeek running out of compute despite having a smaller model.

  • “I said that this is a really good time to get in back into the memory trade. We're off 30 to 40% from the highs. I said maybe we go down another 15%, which we dipped another 10%. And I said at that point, I'm all in. I'm very bullish. And and even at these prices, at at at at at nine, at Intel at $1.00 5, these things are going back to the highs.”

    Avi·10:22Hear it

  • “the probability that the AI bubble is over is quite low. And the upside from here is another, like, two to three x before we get something stupid.”

    Avi·10:55Hear it

  • “We just had a 40% we just had a 40% drawdown in memory, and people are still OpenAI just today announced that they're allocating even more money to to compute build out. People are doubling down. Kimmy, that was a little nerve you know, that that rocked the market, the model that rocked the market, ran out of compute even though they had a distilled smaller model. Right? It's like they ran out of compute. We need more. It's not over.”

    Avi·11:28Hear it

  • “even if you think even if you think, let's say two x minus 30%. Even if you think it's a fifty fifty shot, you'd take that trade. If you think that it's 50%, we go up two x and go back to all time highs and then surpass a little bit, or you think it's 50%, we draw down another 30%, still good to buy here. That's that's expected positive value.”

    Avi·12:18Hear it
• $INTC— Intel at $1.05 is expected to return to highs along with other memory stocks as the AI compute buildout continues.

  • “even at these prices, at at at at at nine, at Intel at $1.00 5, these things are going back to the highs.”

    Avi·10:36Hear it
• $BTC— Bitcoin is expected to do well as markets stabilize and capital rotates back into assets that have sold off significantly.

  • “I also think that Bitcoin's gonna do well, but we can get we can come back to that.”

    Avi·13:46Hear it

  • “if the markets calm down, you know, you have I think you probably have a rotation back. Like, if memory goes nowhere for a week, even two weeks, I think you can get a rotation back to gold. You can get a rotation back to Bitcoin.”

    Avi·42:39Hear it
• $BIOTECH— Biotech has held up well during the market drawdown and represents a downstream AI beneficiary that Avi is rotating profits into from memory trades.

  • “biotech, for example, in this entire massive drawdown in the markets, it kind of didn't really move that much. Right? Like, it moved a lit like, a lot of the stocks that we were talking about from from when we first talked about them are still up a decent amount.”

    Avi·12:58Hear it

  • “all those profits as we keep going up, I'm gonna I'm taking them down. I'm taking them down. I'm taking them down, and I'm shoving them into, you know, the the next stage, the next stage, which I think, you know, biotech energy, all all these different things.”

    Avi·13:29Hear it
• $ENERGY— Energy sector is identified as a downstream AI beneficiary where Avi is rotating profits from memory trades.

  • “all those profits as we keep going up, I'm gonna I'm taking them down. I'm taking them down. I'm taking them down, and I'm shoving them into, you know, the the next stage, the next stage, which I think, you know, biotech energy, all all these different things.”

    Avi·13:29Hear it
• $URA— Uranium ETF remains a bullish position as the US signed a deal with Saudi Arabia to build nuclear plants, extending the uranium thesis.

  • “we just signed a deal with Saudi Arabia to help them build nuclear plants. That's pretty cool. And this is just an extension of what's happening in with with uranium. Yeah. As you guys have known, I've been bullish on URA for a while”

    Avi·26:23Hear it
• $LEU— Centrus Energy is being researched as a potential play on uranium enrichment and reactor operations, particularly as the US helps Saudi Arabia build nuclear plants.

  • “there are specific companies that benefit from actually running the reactors and enriching uranium. And as as that as that bet sort of plays out, I'm kind of interested in in those companies. Specifically, there's one called Centrus, which kinda looks nice. It's come off a lot.”

    Avi·26:49Hear it
• $GLD— Gold is off 26% from highs and has been trading sideways for six weeks at the $4,000 support level. Technical setup looks favorable for a rotation back if markets calm down, with potential upside to $4,800.

  • “the thing that actually looks the best to me right now, Jonah, you're gonna hate this. It's gold. Gold actually looks phenomenal. It's I know I know you do. Gold is off gold is off 26% from the highs, and you can look at gold miners too because gold miners are gonna be a good bet. But gold's based basically for all six weeks, we've gone we've gone sideways effectively.”

    Avi·42:03Hear it

  • “if the markets calm down, you know, you have I think you probably have a rotation back. Like, if memory goes nowhere for a week, even two weeks, I think you can get a rotation back to gold.”

    Avi·42:39Hear it

  • “we're straight back at that four k level that we've defended for six weeks now. It's kinda just looking good.”

    Avi·45:11Hear it

  • “if you're if you're conservative, you can target the previous the previous level the previous resistance level, which is around 4,800 and then stop out. I mean, that's a great risk reward right there.”

    Avi·46:26Hear it
• $AIMODELS— AI adoption is still in the first inning with only 2.2% of US households having paid AI subscriptions. The trajectory mirrors e-commerce adoption which went from 2% to 17% of retail sales, suggesting massive growth potential ahead.

  • “the share of US households with paid AI subscriptions is 2.2%. Okay? That is, like I looked at this chart and I was like how is this even possible?”

    Jonah·0:08Hear it

  • “if you want to ask yourself like what inning of this bubble are we in? Like I think it's still inning number one.”

    Jonah·16:41Hear it

  • “Eventually I think, you know, 50% of US households will have a paid subscription. 50% of global households will have a paid subscription because that'll be the way to access true intelligence. Ultimately, that money will flow through to assets like Micron, to assets like MSFT, META, Meta, it'll flow through to all the hyperscalers, Google.”

    Jonah·17:45Hear it
• $CRYPTO— Crypto may have bottomed temporarily with increasing odds of the Clarity Act passing in Washington, which would be a bullish catalyst.

  • “I'm starting to look at crypto, and I think that that may be I think we may be getting out of the woods a little bit. It seems like the odds of the Clarity Act passing are starting to tick back up. There's some back and forth seems to be actually like there seems to be a will in Washington to pass that, which I think would be bullish.”

    Jonah·43:26Hear it

  • “crypto aside from Sailor being Sailor, I think crypto may have bottomed out like temporarily, which is a relief because it's still a significant part of my portfolio that I care about.”

    Jonah·43:51Hear it

Not investment advice.