The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
INTEL CORP COM 458140100 15,015,671 107,539 SH SOLE 15,015,671 0 0
ARM HOLDINGS PLC SPONSORED ADS 042068205 12,893,583 36,364 SH SOLE 12,893,583 0 0
MARVELL TECHNOLOGY INC COM 573874104 11,790,188 39,579 SH SOLE 11,790,188 0 0
SANDISK CORP COM 80004C200 11,498,253 5,057 SH SOLE 11,498,253 0 0
NEBIUS GROUP N.V. SHS CLASS A N97284108 10,987,423 39,785 SH SOLE 10,987,423 0 0
COHERENT CORP COM 19247G107 9,285,429 23,539 SH SOLE 9,285,429 0 0
MACOM TECH SOLUTIONS HLDGS I COM 55405Y100 7,433,951 19,544 SH SOLE 7,433,951 0 0
ALPHABET INC CAP STK CL A 02079K305 7,239,601 20,258 SH SOLE 7,239,601 0 0
ADVANCED MICRO DEVICES INC COM 007903107 6,696,150 11,527 SH SOLE 6,696,150 0 0
UNITY SOFTWARE INC COM 91332U101 5,977,879 209,163 SH SOLE 5,977,879 0 0
WOLFSPEED INC COMMON STOCK 97785W106 5,552,755 115,083 SH SOLE 5,552,755 0 0
AXT INC COM 00246W103 5,361,094 74,377 SH SOLE 5,361,094 0 0
ASTERA LABS INC COM 04626A103 4,668,871 9,666 SH SOLE 4,668,871 0 0
MAXLINEAR INC COM 57776J100 4,657,987 36,382 SH SOLE 4,657,987 0 0
AMKOR TECHNOLOGY INC COM 031652100 4,053,414 47,007 SH SOLE 4,053,414 0 0
WESTERN DIGITAL CORP COM 958102105 2,897,234 4,536 SH SOLE 2,897,234 0 0
HESAI GROUP SPONSORED ADS 428050108 2,886,048 158,400 SH SOLE 2,886,048 0 0
POET TECHNOLOGIES INC COM NEW 73044W302 2,788,316 271,237 SH SOLE 2,788,316 0 0
TRANSOCEAN LTD REGISTERED SHS H8817H100 2,668,718 545,750 SH SOLE 2,668,718 0 0
APPLIED OPTOELECTRONICS INC COM 03823U102 2,607,320 17,598 SH SOLE 2,607,320 0 0
LUMENTUM HLDGS INC COM 55024U109 2,381,117 2,775 SH SOLE 2,381,117 0 0
UNITED MICROELECTRONICS CORP SPON ADR NEW 910873405 2,347,325 86,267 SH SOLE 2,347,325 0 0
CEREBRAS SYSTEMS INC COM CL A 15675D103 1,606,891 7,271 SH SOLE 1,606,891 0 0
TRIP COM GROUP LTD ADS 89677Q107 1,274,840 31,999 SH SOLE 1,274,840 0 0
MICRON TECHNOLOGY INC COM 595112103 1,052,712 912 SH SOLE 1,052,712 0 0
AXCELIS TECHNOLOGIES INC COM NEW 054540208 949,523 5,012 SH SOLE 949,523 0 0
BROADCOM INC COM 11135F101 894,512 2,368 SH SOLE 894,512 0 0
HUT 8 CORP COM 44812J104 771,634 6,684 SH SOLE 771,634 0 0
CIENA CORP COM NEW 171779309 706,897 1,441 SH SOLE 706,897 0 0
NAVITAS SEMICONDUCTOR CORP COM 63942X106 685,619 38,260 SH SOLE 685,619 0 0
RAMBUS INC DEL COM 750917106 665,293 5,012 SH SOLE 665,293 0 0
TOWER SEMICONDUCTOR LTD SHS NEW M87915274 650,818 2,497 SH SOLE 650,818 0 0
QUALCOMM INC COM 747525103 643,069 3,480 SH SOLE 643,069 0 0
TTM TECHNOLOGIES INC COM 87305R109 532,633 2,848 SH SOLE 532,633 0 0
ON SEMICONDUCTOR CORP COM 682189105 465,137 4,920 SH SOLE 465,137 0 0
VICOR CORP COM 925815102 455,356 1,199 SH SOLE 455,356 0 0
CREDO TECHNOLOGY GROUP HOLDI ORDINARY SHARES G25457105 275,485 1,013 SH SOLE 275,485 0 0
CHEMOURS CO COM 163851108 227,628 11,093 SH SOLE 227,628 0 0
VERTIV HOLDINGS CO COM CL A 92537N108 193,526 578 SH SOLE 193,526 0 0
FORMFACTOR INC COM 346375108 145,696 911 SH SOLE 145,696 0 0
AELUMA INC COM 00776X109 36,057 1,633 SH SOLE 36,057 0 0
AMPLIFY ETF TR JR SILV MINE ETF 032108649 16,589 640 SH SOLE 16,589 0 0
GLOBAL X FDS GLOBAL X SILVER 37954Y848 13,013 168 SH SOLE 13,013 0 0
PROSHARES TR II VIX SHT TERM FUT 74347Y730 1,022 48 SH SOLE 1,022 0 0