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michael sikand

T3 · host / generalist

Founder of Our Future, a business-media brand focused on the next generation of founders and operators. He also hosts interviews with entrepreneurs and executives.

117 calls·79 names·67% bull·last heard 14 days ago·Michael Sikand
track recordleaderboard →
hit rate
40%
avg alpha
+4.5pp
scored
15

top calls

best measured alpha vs SPY · one per company
1st+158.3pp vs SPY
$MUMicron Technologyposition

Sikand: HBM demand surge makes memory sector bullish near-term

Rubin architecture and KV cache requirements drive massive HBM demand; inference compute fears (SRAM) overblown. Micron is the leading US HBM supplier.

Michael Sikand2026-03episode →
2nd+35.3pp vs SPY
$BEBloom Energyposition

Sikand buys Bloom Energy at $121: AI power constraint creates multi-year growth runway

Wall Street underestimates Bloom's growth as power becomes the primary constraint for AI data centers; 2GW production capacity by end-2026 could support ~$6B revenue (50% above consensus) with improving margins, recurring service revenue, and $2.15B cash fortress.

Michael Sikand2026-01episode →
3rd+35.0pp vs SPY
$RKLBRocket Labposition

Rocket Lab Positioned as Only Proven SpaceX Challenger for Orbital Data Center Launches

Rocket Lab's proven launch capabilities and growing space systems revenue (36% growth) position it as the primary public-market beneficiary if orbital data centers require non-SpaceX launch capacity.

Michael Sikand2025-12episode →

most discussed · click a bar to filter

  • $NVDA
  • $KRKNF
  • $ANDURIL
  • $SPCX
  • $AMZN

recurring themes

  • Defense Tech13
  • AI Infrastructure13
  • Semiconductors8
  • Space Economy5
  • Networking & Optical Infrastructure4
117 total
$QCOM
···
Qualcomm
HIGHmichael sikand·Michael Sikand·14 days ago·Trading $ORCL For GPT 6 Astra, Winners Of Anthropic IPO, and $QCOM's Amazon Chip Deal· position
Sikand: Qualcomm lands Amazon as second hyperscaler for inference silicon, trades at fraction of NVDA/AVGO multiple
Qualcomm's 2021 acquisition of Apple silicon engineers gave it an AI CPU/accelerator for inference (not training); now has two hyperscaler wins (Amazon + unnamed prior), trades at a fraction of Broadcom/Nvidia multiples, with optionality in wearables/robotics for on-device inference.
"Yeah, I mean look, when I came out with my Qualcomm thesis, the stock uh was nowhere near AI sentiment levels. Like it was the biggest lagard of all in the chip industry. Um and I…"
8:04
$AVAV
···
AeroVironment
HIGHmichael sikand·Michael Sikand·14 days ago·Trading $ORCL For GPT 6 Astra, Winners Of Anthropic IPO, and $QCOM's Amazon Chip Deal· position
Sikand: AeroVironment top Modern Warfare holding — drone + laser counter-drone dual EC at 3.5x sales
AVAV is a pure-play drone supercycle beneficiary: drone revenue up 70%, acquired Blue Halo for $5-10/shot laser weapons vs $20-30K missiles, won $465M Army contract. Trades at 3.5x forward sales vs 4-6x comps. Two equity curves for price of one (offense + defense). Government moves slowly but Europe rearming above GDP targets provides multi-year tailwind.
"Yeah, so I mean with AVA, uh they had a really nice pop today and they came back down. I mean, this is a stock that's been really beat up because investors just like started treat…"
32:27
$CRDO
···
Credo Technology Group
HIGHmichael sikand·Michael Sikand·14 days ago·Trading $ORCL For GPT 6 Astra, Winners Of Anthropic IPO, and $QCOM's Amazon Chip Deal· position
Sikand buys Credo dip: 88% AEC copper share, SpaceX rumored top customer, agnostic winner on copper vs optics
Credo dominates 88% of AEC copper cable market (1000x reliability vs competitors); copper will be used everywhere possible (cheaper), optics when needed. Biggest customer rumored to be SpaceX — SemiAnalysis predicts Elon builds most AI infrastructure by 2027. Added to position on 20% post-earnings drop despite revenue doubling. Risk: optics lower margin, AI capex downcycle.
"Yeah, I think in general with a lot of these AI stocks, market just got a little ahead of its skis and they priced in a ramp that was going to happen a little later than they thou…"
23:17
$AMZN
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Amazon
HIGHmichael sikand·Michael Sikand·14 days ago·Trading $ORCL For GPT 6 Astra, Winners Of Anthropic IPO, and $QCOM's Amazon Chip Deal· position
Sikand: Amazon could double to $5-6T — AWS worth $2-2.5T, logistics the biggest AI ROI, deepest moat in Mag 7
AWS alone worth $2-2.5T; Amazon locking up compute, renting it out, and using for robotics/logistics — logistics is the biggest ROI generative AI application. Deepest moat in Mag 7 due to physical infrastructure scale (AWS since 2008). E-commerce margins have most room to improve; Project Kuiper as asymmetric option.
"I don't think anyone has a deeper moat like when you think about all the work it took them to stand up physical infrastructure. I mean, it's just not something that can be replica…"
41:10
$META
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Meta Platforms
HIGHmichael sikand·Michael Sikand·14 days ago·Trading $ORCL For GPT 6 Astra, Winners Of Anthropic IPO, and $QCOM's Amazon Chip Deal· position
Sikand: Meta largest flagship position, up 17% — locking compute, applying AI to billions via Muse
Meta is the largest position in flagship fund; locking up compute and applying AI to billions of users via Muse (Grok-like agent), giving it massive distribution advantage over rivals. Prefers companies making big infrastructure commitments that verticalize AI economics.
"And that's why I like what Zuck is doing. You know, Meta is the largest position in my flagship fund and it's up 17% since my AD after I diversified out of the full port memory th…"
40:01
$SONY
···
Sony Group
HIGHmichael sikand·Michael Sikand·14 days ago·Trading $ORCL For GPT 6 Astra, Winners Of Anthropic IPO, and $QCOM's Amazon Chip Deal· position
Sikand: Sony is the superior GTA 6 play vs Take-Two — 50% upside, 70% profit growth, half the IV
Sony hasn't guided GTA 6 profit uplift (Take-Two has), trades at half the implied volatility, and owns the platform toll booth taking 20-30% of all economics (PSN, microtransactions, DLC). Models 70% YoY profit growth for fiscal year ending March; structural rerating of gaming business as infrastructure for gaming economy.
"Now, I still think people will probably make money on Take 2. I'm not saying it's a bad stock, but with Sony, I mean, they haven't guided any GTA 6 profit uplift. Uh, and they usu…"
16:28
$AAPL
···
Apple
MEDmichael sikand·Michael Sikand·14 days ago·Trading $ORCL For GPT 6 Astra, Winners Of Anthropic IPO, and $QCOM's Amazon Chip Deal· position
Sikand flips Apple zero-day calls on foldable iPhone keynote for 2x profit
Apple's foldable iPhone announcement provided a rare innovative catalyst; bought zero-day calls pre-keynote, stock popped 1-2% and doubled the trade. Apple also re-accelerating topline growth >10% YoY for first time since 2021.
"I saw the market selling off before the keynote and then I instantly bought zero days right before they started talking about the Duo. And uh I don't know, it took a second to dig…"
4:49
$ORCL
···
Oracle
HIGHmichael sikand·Michael Sikand·14 days ago·Trading $ORCL For GPT 6 Astra, Winners Of Anthropic IPO, and $QCOM's Amazon Chip Deal· position
Sikand trades Oracle calls as OpenAI proxy: 80% profit on Stargate backlog thesis
Oracle is a direct OpenAI proxy via the $300B Stargate backlog (half of Oracle's $600B total); despite both companies being FCF-negative and debt-funded, the market will reward Oracle's compute monetization like it did for Microsoft and Amazon.
"Oracle is an OpenAI proxy. So the better life is for Altman, the better life is for Larry. And when it comes to Oracle and Open Eyes relationship, it's really this massive Stargat…"
0:43
$KOPN
···
Kopin
MEDmichael sikand·Michael Sikand·17 days ago·The $800M Stock Behind Military AR Headsets (KOPN)· position
Host runs $20M optical-focused fund and calls Kopin a free call option on AI infrastructure
The host manages a dedicated photonics fund and sees Kopin's defense business as a floor with the AI optical interconnect opportunity as a large asymmetric upside; he cites Goldman Sachs projecting 9x TAM growth in two years and Jensen Huang endorsing CPO/optical interconnects as the next decade's profit pool.
"I run a fund with about $20 million in it specifically focused on the optical thesis and the name of the fund is Photonix is next... Jensen even came out and said between Marvell…"
28:48
$LSR
···
NI Laser
LOWmichael sikand·Michael Sikand·17 days ago·The $800M Stock Behind Military AR Headsets (KOPN)
Host likes NI Laser but notes stock plummeted on China export control fears
NI Laser has compelling directed-energy technology for drone defense but shares collapsed due to investor concerns over Chinese supply chain exposure and new export controls restricting military-related sales to China.
"One defense stock I love is NI laser ticker symbol LSR. Super cool technology, pulverizing drones with light. But their stock just plummeted because of these export controls that…"
17:22
9
Defense Techtailwind
Laser weapons solve 200:1 cost asymmetry with $10/shot vs $4M missiles
Directed energy weapons flip the economics of air defense by providing effectively infinite magazine depth at marginal cost of electricity, validated by Iron Beam's first combat intercepts and Pentagon's HELSI program targeting 1MW cruise missile engagement.
9
Networking & Optical Infrastructuretailwind
Copper interconnect wall forces $4B Nvidia bet on silicon photonics for AI scale-out
Interconnect speeds must quadruple to 1.6Tbps by 2027 as Nvidia scales racks to 576 GPUs; copper hits physics limits (heat, signal degradation, crosstalk) past 800Gbps, making photonics the only viable solution for AI cluster scale-out.
9
AI Infrastructuretailwind
AI data center power demand creates structural tailwind for on-site generation
US grid neglect and massive AI compute demand force data centers to bring their own power; fuel cells win on speed (months vs years), emissions permitting exemptions, zero water use, and 60% electrical efficiency vs 30-40% for combustion alternatives.
9
Fintechheadwind
BNPL credit losses at 18% of revenue create fundamental growth-profitability tradeoff; macro downturn would hit both volume and defaults
Klarna's credit losses of $495M (18% of revenue) exceed its marketing spend; growing revenue requires lending to riskier borrowers, increasing losses. In a recession, discretionary spending falls while defaults rise — a double hit mirroring 2008 subprime dynamics.
9
Semiconductorstailwind
SerDes physics moat creates near-insurmountable barrier for AI chip interconnects
Moving data at near light-speed through copper (SerDes) is an analog physics problem, not a logic one. Broadcom's decades of SerDes mastery means even vertically integrated giants like Apple cannot replace their chips after 10+ years of trying. This physics moat protects Broadcom's position regardless of who wins the AI compute race.
9
Defense Techtailwind
Autonomous weapon swarms driven by AI software redefine modern warfare economics
Low-cost autonomous drones and interceptors (Anvil, Ghost, Roadrunner, Fury) coordinated by Lattice OS shift defense economics from expensive crewed platforms to affordable mass, enabling cost-effective defense against drone swarms and overwhelming enemy air defenses.
9
Memory & Storagerisk
Memory commodity cycles risk supply glut despite current HBM shortage
Historical pattern shows memory oligopoly overproduces when margins are high, leading to devastating price collapses; Samsung's HBM4 ramp could trigger next downturn.
9
Networking & Optical Infrastructuretailwind
CPO is the biggest unlock for AI data centers over next 5 years
Nvidia, Meta, CoreWeave, and Microsoft all confirm co-packaged optics as the critical shift for scale-out networking; reduces power 4x vs pluggable transceivers, cuts components/lasers 4x, enables higher compute density per watt.