Former hedge fund managerMartin ShkrelisaidMicron Technology (NASDAQ:MU)is closing the profit gap withNvidia Corp. (NASDAQ:NVDA), and mocked the leveraged traders shaken out by Friday's memory selloff.
前避險基金經理Martin Shkreli表示，美光科技（納斯達克：MU）正在縮小與輝達公司（納斯達克：NVDA）之間的利潤差距，並嘲笑了在周五內存股拋售中被震出市場的槓桿交易員。
"You guys are staring at the abyss 30 minutes ago thinking like, how do I explain this to my wifey?" he said on a livestream as the market recovered. "We going to Red Lobster again? Again?"
他在市場反彈時的一場直播中說：「你們半小時前還盯著深淵，心裡想著，我該怎麼跟老婆解釋？我們又要再去紅龍蝦餐廳了嗎？又去？」
The panic obscured what he sees as the real story. "I think they're going to do more net income than Nvidia just even next quarter," Shkreli said, before pulling up the figures. Micron reportedly earned $28 billion last quarter against Nvidia's $58 billion, with the gap projected to narrow to $35 billion versus $51 billion.
這種恐慌掩蓋了他所認為的真正故事。「我認為他們下個季度的淨利潤甚至會超過輝達，」Shkreli在調出數據前說道。據報導，美光上季度盈利$280億，而輝達為$580億，預計差距將縮小至$350億對$510億。
"They're closing in on each other for sure," he said.
「它們肯定在相互靠近，」他說。
Why Shkreli Likes The Stock
Shkreli為何看好該股票
Shkreli suggested Micron's gross margins may reach 90%, a level he called "kind of nuts," as AI demand for high-bandwidth memory reportedly cannibalizes standard DRAM capacity and keeps supply tight.
Shkreli指出，隨著人工智慧對高帶寬內存的需求據稱正在蠶食標準DRAM產能並維持供應緊張，美光的毛利率可能達到90%，他稱這一水平「有點瘋狂」。
His model has Micron generating roughly $200 billion in earnings through calendar 2027, leaving the stock at around three times 2028 enterprise value once that cash stacks up. Even if revenue halves and margins crater, he figures Micron may still earn $100 billion.
他的模型預測，美光到2027年日曆年將產生約$2,000億的收益，一旦這些現金累積起來，該股估值約為2028年企業價值的三倍左右。即使收入減半且利潤率大幅下滑，他估計美光仍可能賺取$1,000億。
"I like Micron right now," he said. "No reason to not like it, but things change quickly."
「我現在喜歡美光，」他說。「沒有理由不喜歡它，但情況變化很快。」
The bear case, in his view, is that most of Micron's business remains commodity DRAM, which he called "relatively easy to make," with China likely to emerge as a new supplier.
在他看來，看空的理由在於，美光的大部分業務仍是商品型DRAM，他認為這種產品「相對容易製造」，而中國很可能成為新的供應商。
Traders Price a 50% Chance of $810
交易員定價顯示有50%的可能性達到$810
Polymarket traders think there is a 54% chance the stock hits $810 this week, and a 39% chance it rebounds to $990. It's currently trading at $883.
Polymarket交易員認為，該股本周有54%的機率觸及$810，有39%的機率反彈至$990。目前該股的交易價格為$883。
On Kalshi, the chance of the U.S. government taking a stake in Micron this year is at 14%.
在Kals hi上，美國政府今年持有美光科技股份的可能性為14%。
Shkreli argued Friday's plunge was mechanical rather than fundamental. "The price is set by the marginal buyer," he said. "The wipeouts sort of might distort price briefly and then you're right back to normal price again."
Shkreli認為，周五的暴跌是技術性而非基本面因素所致。「價格是由邊際買家決定的，」他表示，「此類爆倉可能會短暫扭曲價格，但隨後價格又會迅速回歸正常水平。」
Michael Burrymay disagree. He reportedly opened a short position against Micron near $1,051 earlier this month, shortly before the stock shed roughly $110 billion in market cap in a single session.
Michael Burry可能持不同意見。據報導，他本月早些時候在美光科技股價接近$1,051時建立了空頭頭寸，不久之後該股在單個交易日內市值蒸發了約$1,100億。
MU Stock Price Activity:Micron Technology shares were up 3.62% at $879.71 at the time of publication on Monday, according to Benzinga Pro data.
MU股價動態：根據Benzinga Pro的數據，截至周一發稿時，美光科技股價上漲3.62%，報$879.71。
Image: Shutterstock
圖片來源：Shutterstock
Kalshi and Benzinga have an existing data collaboration agreement.
Kalshi與Benzinga已有一項現有的數據合作協定。 (Benzinga)