hey everyone, Wonton Investor here. let's talk about the part of the AI trade that everyone's excited about right now, which is optics and power. over the past few months i've been buying into the "plumbing" of AI data centres - optical modules (AAOI, LITE), connectivity chips (MXL), timing chips (SITM) and storage (STX, WDC). the reason is pretty simple. once a data centre has enough GPUs, the limit stops being how smart each chip is and starts being how fast the chips can talk to each other. copper wire runs out of distance and bandwidth, so you have to go optical, and the companies making that "nervous system" become the interesting ones. and this earnings season, every single one of my six names beat and raised. so you'd think i'd be super bullish. and i am on the demand. but i've actu

hey everyone, Wonton Investor here. sorry for the radio silence lol, i've been busy with school and internships. but i'm back, and i wanted to start with my best position ever, AMD, which i've held since 2022 and wouldn't buy today. why i bought it (it wasn't genius) my reasoning in 2022 was basically "Nvidia is obviously the AI chip winner, but it's expensive and everyone owns it, so i'll buy AMD, the other one". the classic retail move of buying the second-place horse because the first-place one costs too much. then DeepSeek happened in early 2025. everyone panicked that cheap Chinese AI meant US tech was finished, and i doubled my position instead. my argument was that cheaper AI means people use MORE of it, not less (the Jevons paradox), and that the shift towards inference would favou

hey everyone, Wonton Investor here. let's talk about Coinbase again. some of you on here might remember my two earlier $Coinbase Global, Inc.(COIN)$  posts. in December 2024 i pitched it as a Peter Lynch cyclical, a business whose earnings swing with the crypto cycle, so the trick is to buy it when things look dead. i said i'd only buy at a 20% discount to my ~$180 intrinsic value estimate, so under $150. then in mid-2025, after the GENIUS Act passed and the big institutions started building on Coinbase, i wrote that i was doubling down and that COIN had gone from a cyclical buy to a long-term foundational hold. this is the follow-up i promised back then. it's mostly an accountability post. getting lucky, then getting greedy on Libe

So we’ve all definitely heard about DeepSeek by now right? (I’m definitely late to the party for this article lol). And we’ve heard many people talk about how it’s definitely the end of American tech! But is it really, and should you start selling all your tech stocks like the media is telling you to? DeepSeek’s Technical Prowess Before i start talking about all the investing jargon, i wanna talk more about what DeepSeek ACTUALLY is first - what their technical papers discussed, what they ACTUALLY reported, and whether what the media has been telling you has been true. Firstly, yes, it’s true that DeepSeek indeed performed better than OpenAI in SOME benchmarks. and yes, this does (to a certain extent) prove DeepSeek’s technical capabilities. So let’s dive into the technical report further