Leopold Aschenbrenner Discloses $5.52 Billion Equity Portfolio
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy MU?
Source: Yahoo Finance
- Portfolio Size: As of March 31, 2026, Leopold Aschenbrenner disclosed a total equity portfolio of $5.52 billion, indicating a strong market presence, particularly in the semiconductor and AI sectors.
- Significant Short Positions: The fund reported approximately $8.7 billion in short positions across major semiconductor and AI-linked companies, including $2.04 billion in the VanEck Semiconductor ETF and $1.57 billion in Nvidia, reflecting a cautious stance towards market volatility.
- Increased Bitcoin Miner Holdings: The fund significantly increased its exposure to bitcoin miners, with Cleanspark's shares rising from 1.64 million to 12.28 million, indicating growing confidence in the cryptocurrency market that may lead to future profit growth.
- Position Adjustments: The fund shifted its Intel position from 20.24 million call options to 3.61 million puts, reflecting a reassessment of the company's future performance, while also increasing its common stock holdings in CoreWeave, signaling optimism about its long-term potential.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy MU?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on MU
Wall Street analysts forecast MU stock price to fall
26 Analyst Rating
24 Buy
2 Hold
0 Sell
Strong Buy
Current: 681.540
Low
235.00
Averages
336.12
High
500.00
Current: 681.540
Low
235.00
Averages
336.12
High
500.00
About MU
Micron Technology, Inc. provides memory and storage solutions. The Company delivers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory and storage products through its Micron and Crucial brands. The Company's products enable advancing in artificial intelligence (AI) and compute-intensive applications. Its segments include Cloud Memory Business Unit (CMBU), Core Data Center Business Unit (CDBU), Mobile and Client Business Unit (MCBU) and Automotive and Embedded Business Unit (AEBU). CMBU is focused on memory solutions for large hyperscale cloud customers, and high bandwidth memory (HBM) for all data center customers. CDBU is focused on memory solutions for mid-tier cloud, enterprise, and OEM data center customers and storage solutions for all data center customers. MCBU is focused on memory and storage solutions for mobile and client segments. AEBU is focused on memory and storage solutions for the automotive, industrial, and consumer segments.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Micron Technology Stock Soars Amid AI Supercycle Growth
- Stock Surge: Micron Technology's stock skyrocketed from approximately $448 to $804 over the past month, and although it has retreated to $725, it still represents a remarkable 58% gain, highlighting the company's critical role in the AI semiconductor value chain.
- Strong Earnings: In its fiscal Q2 2025, Micron reported revenue nearly tripling year-over-year to $23.9 billion, with EPS soaring from $1.41 to $12.07, showcasing a significant enhancement in profitability.
- Attractive Valuation: Despite a share price exceeding $700, Wall Street anticipates Micron's EPS to reach $58 this year and grow to $100 by fiscal 2027, with a forward P/E ratio of about 8, indicating a relatively cheap valuation that appeals to long-term investors.
- Market Outlook: With memory scarcity becoming a major bottleneck, Micron's forward P/E suggests the stock is not expensive but rather heavily discounted in light of the secular tailwinds driving accelerated investments in AI infrastructure, indicating further upside potential.
See More
Stock Market Declines as Yields Rise, AI Leaders Rebound
- Market Dynamics: The stock market fell on Tuesday as yields hit new highs, reflecting investor concerns about future economic growth, which could lead to capital outflows from equities and affect overall market sentiment.
- AI Leaders Rebound: Despite the overall market decline, AI leaders like Micron and Sandisk saw a rebound, indicating that investors remain optimistic about the long-term growth potential of these companies.
- Nvidia Earnings Loom: Nvidia is set to release its earnings report soon, with the market closely watching its performance, which is expected to have a significant impact on its stock price, especially against the backdrop of sustained demand in AI and data centers.
- Yield Impact: Rising yields typically pressure the stock market, prompting investors to closely monitor upcoming economic data and policy changes to assess potential impacts on equities.
See More
Stock Market Declines as Yields Rise, AI Leaders Rebound
- Market Volatility: The stock market fell on Tuesday as yields hit new highs, reflecting investor concerns about future economic growth, which may lead to capital outflows from equities and impact overall market sentiment.
- AI Companies Rebound: Despite the overall market decline, AI leaders like Micron and Sandisk rebounded, demonstrating resilience in the tech sector and investor confidence in their future growth potential.
- Nvidia Earnings Loom: Nvidia's upcoming earnings report is expected to directly influence investor sentiment, especially in the current high-yield environment, potentially exacerbating market volatility.
- Yield Impact: Rising yields typically pressure the stock market, prompting investors to reassess their allocations to risk assets, which could affect the performance of tech stocks, particularly those reliant on a low-interest-rate environment.
See More
Asia-Pacific Markets Set for Mixed Open Amid Geopolitical Tensions
- Rising Bond Yields: U.S. Treasury yields increased as investors sold off bonds amid inflation concerns, with the 30-year yield briefly reaching 5.197%, the highest since July 2007, potentially putting pressure on equity markets.
- Japanese Market Optimism: Nikkei 225 futures traded at 60,835, up from the previous close of 60,550.59, indicating positive sentiment regarding Japan's economic recovery and potential market gains.
- Hong Kong Market Pressure: Hang Seng index futures at 25,603 were lower than the last close of 25,797.85, reflecting concerns over Hong Kong's economic outlook, which may dampen investor confidence.
- Weak U.S. Stock Performance: The S&P 500 fell for the third consecutive session, closing at 7,353.61, as rising bond yields shifted market sentiment to cautious, potentially impacting future investment decisions.
See More
US Stocks Close Lower as Tech Rally Falters
- Market Decline: The S&P 500 and Nasdaq 100 fell by 0.67% and 0.61%, respectively, reaching 1.5-week lows, indicating concerns over a pullback in tech stocks, particularly as the AI-driven rally loses momentum, which may affect investor confidence.
- Rising Bond Yields: The 10-year T-note yield surged to a 16-month high of 4.69%, triggering risk-off sentiment that led to increased stock liquidation, further heightening market uncertainty and potentially prompting the Fed to adopt tighter monetary policies.
- Supportive Economic Data: April pending home sales rose by 1.4% month-over-month, surpassing expectations of 1.0%, and March figures were revised up to 1.7%, demonstrating resilience in the housing market that could provide some support for stocks.
- Oil Price Volatility: WTI crude prices fell nearly 1% following President Trump's comments on Iran, while the IEA reported a decline in global oil inventories of about 4 million bpd, suggesting that the market will remain undersupplied in the near term, impacting related energy stocks.
See More
Micron Stock Rebounds as Analysts Raise Price Targets
- Price Target Increases: Citigroup raised Micron's price target from $420 to $840, nearly doubling it, indicating a potential 19% upside from the current stock price of $706, reflecting strong market confidence in Micron's future performance.
- Strong Demand Forecast: Mizuho increased its target from $740 to $800, with analysts predicting sustained strong pricing for NAND and DRAM memory through 2027, highlighting rising demand for high-bandwidth memory and enterprise-scale solid-state drives.
- Potential Supply Constraints: A looming worker strike at Samsung could curtail supply and drive memory prices higher, further enhancing Micron's competitive position in a high-demand environment.
- Optimistic Earnings Outlook: Micron is set to report earnings on June 24, with analysts forecasting a 261% revenue growth to $33.6 billion and a tenfold increase in earnings to $19.02 per share, although concerns about cyclical downturns remain, the short-term outlook appears positive.
See More
Micron Technology Stock Soars Amid AI Supercycle Growth
- Stock Surge: Micron Technology's stock skyrocketed from approximately $448 to $804 over the past month, and although it has retreated to $725, it still represents a remarkable 58% gain, highlighting the company's critical role in the AI semiconductor value chain.
- Strong Earnings: In its fiscal Q2 2025, Micron reported revenue nearly tripling year-over-year to $23.9 billion, with EPS soaring from $1.41 to $12.07, showcasing a significant enhancement in profitability.
- Attractive Valuation: Despite a share price exceeding $700, Wall Street anticipates Micron's EPS to reach $58 this year and grow to $100 by fiscal 2027, with a forward P/E ratio of about 8, indicating a relatively cheap valuation that appeals to long-term investors.
- Market Outlook: With memory scarcity becoming a major bottleneck, Micron's forward P/E suggests the stock is not expensive but rather heavily discounted in light of the secular tailwinds driving accelerated investments in AI infrastructure, indicating further upside potential.
See More
Stock Market Declines as Yields Rise, AI Leaders Rebound
- Market Dynamics: The stock market fell on Tuesday as yields hit new highs, reflecting investor concerns about future economic growth, which could lead to capital outflows from equities and affect overall market sentiment.
- AI Leaders Rebound: Despite the overall market decline, AI leaders like Micron and Sandisk saw a rebound, indicating that investors remain optimistic about the long-term growth potential of these companies.
- Nvidia Earnings Loom: Nvidia is set to release its earnings report soon, with the market closely watching its performance, which is expected to have a significant impact on its stock price, especially against the backdrop of sustained demand in AI and data centers.
- Yield Impact: Rising yields typically pressure the stock market, prompting investors to closely monitor upcoming economic data and policy changes to assess potential impacts on equities.
See More
Stock Market Declines as Yields Rise, AI Leaders Rebound
- Market Volatility: The stock market fell on Tuesday as yields hit new highs, reflecting investor concerns about future economic growth, which may lead to capital outflows from equities and impact overall market sentiment.
- AI Companies Rebound: Despite the overall market decline, AI leaders like Micron and Sandisk rebounded, demonstrating resilience in the tech sector and investor confidence in their future growth potential.
- Nvidia Earnings Loom: Nvidia's upcoming earnings report is expected to directly influence investor sentiment, especially in the current high-yield environment, potentially exacerbating market volatility.
- Yield Impact: Rising yields typically pressure the stock market, prompting investors to reassess their allocations to risk assets, which could affect the performance of tech stocks, particularly those reliant on a low-interest-rate environment.
See More
Asia-Pacific Markets Set for Mixed Open Amid Geopolitical Tensions
- Rising Bond Yields: U.S. Treasury yields increased as investors sold off bonds amid inflation concerns, with the 30-year yield briefly reaching 5.197%, the highest since July 2007, potentially putting pressure on equity markets.
- Japanese Market Optimism: Nikkei 225 futures traded at 60,835, up from the previous close of 60,550.59, indicating positive sentiment regarding Japan's economic recovery and potential market gains.
- Hong Kong Market Pressure: Hang Seng index futures at 25,603 were lower than the last close of 25,797.85, reflecting concerns over Hong Kong's economic outlook, which may dampen investor confidence.
- Weak U.S. Stock Performance: The S&P 500 fell for the third consecutive session, closing at 7,353.61, as rising bond yields shifted market sentiment to cautious, potentially impacting future investment decisions.
See More
US Stocks Close Lower as Tech Rally Falters
- Market Decline: The S&P 500 and Nasdaq 100 fell by 0.67% and 0.61%, respectively, reaching 1.5-week lows, indicating concerns over a pullback in tech stocks, particularly as the AI-driven rally loses momentum, which may affect investor confidence.
- Rising Bond Yields: The 10-year T-note yield surged to a 16-month high of 4.69%, triggering risk-off sentiment that led to increased stock liquidation, further heightening market uncertainty and potentially prompting the Fed to adopt tighter monetary policies.
- Supportive Economic Data: April pending home sales rose by 1.4% month-over-month, surpassing expectations of 1.0%, and March figures were revised up to 1.7%, demonstrating resilience in the housing market that could provide some support for stocks.
- Oil Price Volatility: WTI crude prices fell nearly 1% following President Trump's comments on Iran, while the IEA reported a decline in global oil inventories of about 4 million bpd, suggesting that the market will remain undersupplied in the near term, impacting related energy stocks.
See More
Micron Stock Rebounds as Analysts Raise Price Targets
- Price Target Increases: Citigroup raised Micron's price target from $420 to $840, nearly doubling it, indicating a potential 19% upside from the current stock price of $706, reflecting strong market confidence in Micron's future performance.
- Strong Demand Forecast: Mizuho increased its target from $740 to $800, with analysts predicting sustained strong pricing for NAND and DRAM memory through 2027, highlighting rising demand for high-bandwidth memory and enterprise-scale solid-state drives.
- Potential Supply Constraints: A looming worker strike at Samsung could curtail supply and drive memory prices higher, further enhancing Micron's competitive position in a high-demand environment.
- Optimistic Earnings Outlook: Micron is set to report earnings on June 24, with analysts forecasting a 261% revenue growth to $33.6 billion and a tenfold increase in earnings to $19.02 per share, although concerns about cyclical downturns remain, the short-term outlook appears positive.
See More
