Leopold Aschenbrenner's fund is red on every single top holding. Not one winner📉🐻
Here's what he paid vs. where they trade now, per his Q2 13F (before he sold his book to Citadel):
• $MU bought at $1,153.21, now $855.87, down 26%
• $CORZ bought at $25.60, now $13.38, down 48%
• $SNDK bought at $2,268, now $1,120.75, down 51%
• $NBIS bought at $273.33, now $151.73, down 44%
• $CRWV bought at $99.27, now $52.58, down 47%
• $BE bought at $301.59, now $214.65, down 29% #leopold #AI
AMD's Q3 data-center revenue reached $8.55B, up 97% YoY. It guides total Q4 revenue to ~$17B, with Helios already running workloads for Anthropic, Meta, Microsoft, OpenAI and Oracle.
Lisa Su expects the PC market to decline by double digits in 2027 and says AMD can shift supply between PC and data-center products.
That flexibility could cushion the PC downturn, but not every component is interchangeable. Watch whether server CPU and GPU shipments accelerate without a corresponding rise in supply...