@charaninvests

RT @elliotrades: The US government is spending $7.6 trillion on AI infrastructure by 2031. Microsoft has $80 BILLION in unfulfilled Azure orders... NOT because of demand, but because they simply CANNOT get enough GPUs, power, or land. GPUs have a 36-52 week lead time. Blackwell is sold out through mid-2027. TSMC's 3nm wafers have demand exceeding capacity by 3x. The hyperscalers can't build fast enough. Enter the NEOCLOUDS. Pure-play AI cloud providers that do ONE thing, and one thing ONLY: rent GPUs. The neocloud market went from $0 to $25 billion revenue in just 3 years. It's projected to hit $400 billion by 2031. The biggest question is this: WILL THOSE PREDICTIONS ACTUALLY COME TRUE? If so, this industry is set to explode. If not, it may crumble. Three companies are leading the charge: $NBIS $IREN $CRWV Along with a slew of small and microcaps: $BRUN $WYFI $SHAZ and more... This is the biggest infrastructure buildout since the internet itself. The last time we saw spending at this scale, it created Amazon, Google, and Meta. This is the infrastructure layer of the AI revolution. Don't sleep on it. Timestamps: 0:00 Intro 0:40 The Black Swan 1:20 What is a Neocloud 3:40 Iren Overview 7:15 Nebius Overview 10:22 Corweave Overview 11:26 The Small Fish 12:47 The Black Swan That Wasn't 16:58 Final Thoughts

The US government is spending $7.6 trillion on AI infrastructure by 2031. Microsoft has $80 BILLION in unfulfilled Azure orders... NOT because of demand, but because they simply CANNOT get enough GPUs, power, or land. GPUs have a 36-52 week lead time. Blackwell is sold out through mid-2027. TSMC's 3nm wafers have demand exceeding capacity by 3x. The hyperscalers can't build fast enough. Enter the NEOCLOUDS. Pure-play AI cloud providers that do ONE thing, and one thing ONLY: rent GPUs. The neocloud market went from $0 to $25 billion revenue in just 3 years. It's projected to hit $400 billion by 2031. The biggest question is this: WILL THOSE PREDICTIONS ACTUALLY COME TRUE? If so, this industry is set to explode. If not, it may crumble. Three companies are leading the charge: $NBIS $IREN $CRWV Along with a slew of small and microcaps: $BRUN $WYFI $SHAZ and more... This is the biggest infrastructure buildout since the internet itself. The last time we saw spending at this scale, it created Amazon, Google, and Meta. This is the infrastructure layer of the AI revolution. Don't sleep on it. Timestamps: 0:00 Intro 0:40 The Black Swan 1:20 What is a Neocloud 3:40 Iren Overview 7:15 Nebius Overview 10:22 Corweave Overview 11:26 The Small Fish 12:47 The Black Swan That Wasn't 16:58 Final Thoughts

RT @michaelsikand: 365 days ago, I decided to go all in on making content about stocks. 150K+ combined followers later... I thought I'd share my 3 best and 3 worst longs so far. And once you read my L's, you're going to realize why I chose this path. 👇Based on the date I dropped a bull thesis (YT, IG, substack mix) Winners: 1) $MU +431% 2) $AAOI +201% 2) $AMD +199% Losers: 1) $ORBS -88% 2) $FIG -76% 3) $AVEX -44% Notice how much more money could've been made on the best stocks versus lost on the worst stocks? That's why we play this game. James Anderson from Bailey Gifford said it best. “The asymmetric payoff structure, you can make far more if you're right about a stock than you can lose if you're wrong, is the fundamental attraction of investing in equity markets". It's been a fun ride so far, and we never know where markets will go next. But massive shoutout to my partner @KawzInvests and new teammates @LanceTeren @calioncap @yvesstocks. Plus the great traders/friends I now talk to almost everyday @BULLOFBRITAIN @CKCapitalxx @OptimusDelta @PhotonBull @charaninvests

365 days ago, I decided to go all in on making content about stocks. 150K+ combined followers later... I thought I'd share my 3 best and 3 worst longs so far. And once you read my L's, you're going to realize why I chose this path. 👇Based on the date I dropped a bull thesis (YT, IG, substack mix) Winners: 1) $MU +431% 2) $AAOI +201% 2) $AMD +199% Losers: 1) $ORBS -88% 2) $FIG -76% 3) $AVEX -44% Notice how much more money could've been made on the best stocks versus lost on the worst stocks? That's why we play this game. James Anderson from Bailey Gifford said it best. “The asymmetric payoff structure, you can make far more if you're right about a stock than you can lose if you're wrong, is the fundamental attraction of investing in equity markets". It's been a fun ride so far, and we never know where markets will go next. But massive shoutout to my partner @KawzInvests and new teammates @LanceTeren @calioncap @yvesstocks. Plus the great traders/friends I now talk to almost everyday @BULLOFBRITAIN @CKCapitalxx @OptimusDelta @PhotonBull @charaninvests

RT @michaelsikand: Everyone talks about GPUs, memory, and lasers. But the real bottleneck is the only one both humans and data depend on to run. IT'S WATER. $ERII is up 8% today since I dropped my long thesis yesterday to clients. So here's why this $500M water tech stock down 50% in 3 months could be an asymmetrical bet. I first spotted $ERII in March, but I was too early. Now I think a few catalysts put this small cap gem in prime re-rating territory. $ERII makes a special piece of tech that makes desalination plants economical. The PX Pressure Exchanger recycles the pressure inside a seawater reverse osmosis plant and cuts its energy use by up to 60%. This hero product accounts for over 90% of $ERII's revenue and commands gross margins over 60%. I love $ERII because it feels like a high margin IP business, not a low margin industrial, despite being priced like one. So why is the stock trading half off its February $16 price and a fraction of its comps? The Middle East, the world's largest desalination market, is 50% of their revenue. And two huge gut punches nuked the stock across two ER's. 1) Revised 26 guidance down before the Iran War started. 2) Removed 26 guidance entirely during the War due to the massive ME concentration of business. Then the CEO and CFO both left. But the business isn't broken. And the Iran War looks to be resolved, making more signals of sustained ME peace a real catalyst. Q1 is their smallest quarter historically and revenue still grew 20% YoY. The ugly Q1 loss was a one time charge from killing their CO2 side project. Q4'25 was a record $66.9M at 67% gross margin. The balance sheet is a fortress too. $77M net cash, almost no debt, a 9x current ratio, ~$27M TTM FCF, and they buy back stock at a ~9% yield. You get paid to wait and this is not a small cap where you get diluted. The tailwinds are massive for $ERII's desalination business and I think the market may be mispricing $ERII's growth potential on 4 vectors. 1) Fast Growing Market Water scarcity isn't a regional story anymore, it's a global one. Rivers and aquifers are drying up while population, industry, and now AI all pull harder on the same shrinking supply, and desalination is the backstop the world keeps falling back on. Reverse osmosis dominates new capacity, every RO plant needs an energy recovery device, and the PX is the standard, so $ERII's installed base scales as desal scales globally. 2) Water As Warfare The Iran war turned water into a weapon. Plants got hit across Bahrain, Kuwait, the UAE and Iran, and with desal supplying up to 90% of water in some Gulf states, every ministry just learned a centralized, aging fleet is a strategic weak spot. The answer isn't to build less. It's to harden, decentralize, and build MORE, which means more PX sales. 3) Middle East AI Every gigawatt of compute landing in the Gulf has to be cooled, and up to 90% of the region's water comes from desal, so water is the constraint of where you can build. PwC sees Gulf data center capacity tripling to ~3.3GW by 2030, all running through RO where $ERII sells the picks and shovels. Management isn't even telling this story yet, but when they bring in a new permanent CEO, I could see him pushing AI + water scarcity angle. 4) AI Factory Wastewater Upside This one is early but $ERII just carved wastewater out as its own segment, it's ~6% of revenue today. It's the OTHER end of the AI water story: data centers and the chip fabs feeding them discharge dirty water and the laws require treatment before it leaves. ERII uses the same PX tech here with same 60% margin profile, and management expects this to get bigger in 2027. The comps do a ton of the work to feel good about the valuation here. $ERII has the smallest market cap and the highest gross margin in water tech (63%) while trading at the LOWEST 24x TTM PE multiple. ~25x vs $XYL 28x, $BMI 30x, $FELE 31x. The catalysts? - Iran War peace deal finalized - $300B Iran investment would boost any stocks with strong ME geography exposure - Company re-affirms guidance for 2026 in Q2 or Q3 call - New CEO joins replacing interim CEO and maybe introduces AI angle to boost narrative The risks. Re-escalation. If Israel and Iran flare back up, the momentum dies and this might retests the lows. Projects will get even more delayed. Guidance. The reinstatement they flagged for Q2/Q3 could be pushed to Q3/Q4 and come later than we hope. Leadership. The CEO retired and the CFO resigned in the same quarter, and the permanent CEO search is still open. Lumpy revenue. This is a project driven, back half-weighted business where big orders slip without warning. February proved it. But the floor is real. ~$77M net cash (nearly 1/5 MC), no debt, a 9% buyback. A $500M company growing 20% retiring its own shares is not the kind that drops to 0. DYOR. NFA. Make sure to join my VIP discord through my Substack at the link in my bio to chat with me and our analysts about this name.

Everyone talks about GPUs, memory, and lasers. But the real bottleneck is the only one both humans and data depend on to run. IT'S WATER. $ERII is up 8% today since I dropped my long thesis yesterday to clients. So here's why this $500M water tech stock down 50% in 3 months could be an asymmetrical bet. I first spotted $ERII in March, but I was too early. Now I think a few catalysts put this small cap gem in prime re-rating territory. $ERII makes a special piece of tech that makes desalination plants economical. The PX Pressure Exchanger recycles the pressure inside a seawater reverse osmosis plant and cuts its energy use by up to 60%. This hero product accounts for over 90% of $ERII's revenue and commands gross margins over 60%. I love $ERII because it feels like a high margin IP business, not a low margin industrial, despite being priced like one. So why is the stock trading half off its February $16 price and a fraction of its comps? The Middle East, the world's largest desalination market, is 50% of their revenue. And two huge gut punches nuked the stock across two ER's. 1) Revised 26 guidance down before the Iran War started. 2) Removed 26 guidance entirely during the War due to the massive ME concentration of business. Then the CEO and CFO both left. But the business isn't broken. And the Iran War looks to be resolved, making more signals of sustained ME peace a real catalyst. Q1 is their smallest quarter historically and revenue still grew 20% YoY. The ugly Q1 loss was a one time charge from killing their CO2 side project. Q4'25 was a record $66.9M at 67% gross margin. The balance sheet is a fortress too. $77M net cash, almost no debt, a 9x current ratio, ~$27M TTM FCF, and they buy back stock at a ~9% yield. You get paid to wait and this is not a small cap where you get diluted. The tailwinds are massive for $ERII's desalination business and I think the market may be mispricing $ERII's growth potential on 4 vectors. 1) Fast Growing Market Water scarcity isn't a regional story anymore, it's a global one. Rivers and aquifers are drying up while population, industry, and now AI all pull harder on the same shrinking supply, and desalination is the backstop the world keeps falling back on. Reverse osmosis dominates new capacity, every RO plant needs an energy recovery device, and the PX is the standard, so $ERII's installed base scales as desal scales globally. 2) Water As Warfare The Iran war turned water into a weapon. Plants got hit across Bahrain, Kuwait, the UAE and Iran, and with desal supplying up to 90% of water in some Gulf states, every ministry just learned a centralized, aging fleet is a strategic weak spot. The answer isn't to build less. It's to harden, decentralize, and build MORE, which means more PX sales. 3) Middle East AI Every gigawatt of compute landing in the Gulf has to be cooled, and up to 90% of the region's water comes from desal, so water is the constraint of where you can build. PwC sees Gulf data center capacity tripling to ~3.3GW by 2030, all running through RO where $ERII sells the picks and shovels. Management isn't even telling this story yet, but when they bring in a new permanent CEO, I could see him pushing AI + water scarcity angle. 4) AI Factory Wastewater Upside This one is early but $ERII just carved wastewater out as its own segment, it's ~6% of revenue today. It's the OTHER end of the AI water story: data centers and the chip fabs feeding them discharge dirty water and the laws require treatment before it leaves. ERII uses the same PX tech here with same 60% margin profile, and management expects this to get bigger in 2027. The comps do a ton of the work to feel good about the valuation here. $ERII has the smallest market cap and the highest gross margin in water tech (63%) while trading at the LOWEST 24x TTM PE multiple. ~25x vs $XYL 28x, $BMI 30x, $FELE 31x. The catalysts? - Iran War peace deal finalized - $300B Iran investment would boost any stocks with strong ME geography exposure - Company re-affirms guidance for 2026 in Q2 or Q3 call - New CEO joins replacing interim CEO and maybe introduces AI angle to boost narrative The risks. Re-escalation. If Israel and Iran flare back up, the momentum dies and this might retests the lows. Projects will get even more delayed. Guidance. The reinstatement they flagged for Q2/Q3 could be pushed to Q3/Q4 and come later than we hope. Leadership. The CEO retired and the CFO resigned in the same quarter, and the permanent CEO search is still open. Lumpy revenue. This is a project driven, back half-weighted business where big orders slip without warning. February proved it. But the floor is real. ~$77M net cash (nearly 1/5 MC), no debt, a 9% buyback. A $500M company growing 20% retiring its own shares is not the kind that drops to 0. DYOR. NFA. Make sure to join my VIP discord through my Substack at the link in my bio to chat with me and our analysts about this name.

The Anthropic news is SOO bullish for Chinese AI btw One government letter forced Anthropic to pull its two most powerful models in 90 minutes. Closed-source US models are a single point of failure. Chinese labs ship open-source models you can self-host on your own infra. HKEX: 2513 — Knowledge Atlas (Zhipu) -> China's leading pure play AI lab out of Tsinghua, IPO'd jan 2026 -> US cut off their nvidia chip access entirely in jan 2025. -> instead they rebuilt on chinese hardware and shipped GLM-5, a 744B parameter model now beating claude on coding benchmarks. sanctions made them more efficient than labs -> cloud ARR hit $250M in march, targeting $1B by year end. stock up 1,600% since IPO HKEX: 00100 — MiniMax -> shanghai lab IPO'd jan 2026, oversubscribed 1,837x -> M2.5 is beating claude opus on SWE-bench verified, the coding benchmark that actually matters -> Hailuo AI their video gen product is going viral globally, 212M users across 200+ countries -> ARR went from $150M in feb to $300M by end of may. targeting $1B EOY $BABA — Alibaba -> Qwen 3 is kinda competing with the best US frontier models and most people haven't priced this in -> IF(very big if) enterprises rotate out of US AI they need somewhere to land. Alibaba has the models and cloud infra to absorb it at scale

this Anthropic news is so bullish for $SNDK

RT @charaninvests: $CBRS IPO this week and I think it goes nuclear Cerebras built what nobody thought was possible. One chip. An entire silicon wafer. No stitching together hundreds of GPUs, no bottlenecks, no bs. Up to 15x faster inference than Nvidia’s best. Groq has been getting all the hype for fast inference. Cerebras makes Groq look slow. OpenAI just signed a $20B deal with them -> $510M in revenue last year -> every major tech company on the planet is trying to find an alternative to Nvidia and this is the only thing that actually delivers. “Cerebras is the first architecture in decades that actually challenges the GPU at its own game” -> Dylan Patel, SemiAnalysis They are IPOing at the perfect time. Just look at $SMH. AI infra spend is going vertical. The window is open right now. IPO range $115-125. I expect it opens above $170. Already trading above $250 on Hyperliquid. Fills will probably be shit given how oversubscribed (~20x) the IPO is - I am watching $WYFI and $VICR as sympathy plays

$CBRS IPO this week and I think it goes nuclear Cerebras built what nobody thought was possible. One chip. An entire silicon wafer. No stitching together hundreds of GPUs, no bottlenecks, no bs. Up to 15x faster inference than Nvidia’s best. Groq has been getting all the hype for fast inference. Cerebras makes Groq look slow. OpenAI just signed a $20B deal with them -> $510M in revenue last year -> every major tech company on the planet is trying to find an alternative to Nvidia and this is the only thing that actually delivers. “Cerebras is the first architecture in decades that actually challenges the GPU at its own game” -> Dylan Patel, SemiAnalysis They are IPOing at the perfect time. Just look at $SMH. AI infra spend is going vertical. The window is open right now. IPO range $115-125. I expect it opens above $170. Already trading above $250 on Hyperliquid. Fills will probably be shit given how oversubscribed (~20x) the IPO is - I am watching $WYFI and $VICR as sympathy plays