$3105

Does he own it?

Repeatedly and explicitly states a first-person long position from the very first post ("I am long Win"). Later calls it the name he has the most concentration in, refers to it among "my TW longs," and lists it as a top personal CPO long. Strong direct ownership language, though no exact percentage weight given.

His thesis

Views Win as an underappreciated, near-monopoly GaAs/InP foundry sitting at chokepoints across the fastest-growing frontier industries: AI photonics (CW lasers, 800G/1.6T/3.2T optical transceivers), humanoid robotics (TOF lasers), and space (Starlink LEO). Sees it as the foundry capturing fabless laser production for Sivers, Broadcom, Lumentum and others, with Broadcom as anchor client holding a stake. Argues forward multiples are cheap given the TAM expansion and revenue acceleration ahead.

How his view evolved

Opened with a detailed long thesis, then reinforced conviction repeatedly as the stock ran up sharply. Framed a dilutive private placement as bullish (likely a new T1 customer stake). Consistently treated it as his top concentrated Taiwan/CPO holding throughout.

Key points

• Explicit, repeated first-person long; his most concentrated TW position
• Bull case: foundry chokepoint for AI photonics lasers, humanoids, and LEO space
• Sees Broadcom anchor client and cheap forward multiples; treats dilution as bullish

Derived from a holistic read of his public posts — paraphrased, never quoted. See his actual posts about $3105 on X ↗