<SEC-DOCUMENT>0001745907-24-000009.txt : 20240722
<SEC-HEADER>0001745907-24-000009.hdr.sgml : 20240722
<ACCEPTANCE-DATETIME>20240722072047
ACCESSION NUMBER: 0001745907-24-000009
CONFORMED SUBMISSION TYPE: 13F-HR/A
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20231231
FILED AS OF DATE: 20240722
DATE AS OF CHANGE: 20240722
EFFECTIVENESS DATE: 20240722
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: CloudAlpha Capital Management Limited/Hong Kong
CENTRAL INDEX KEY: 0001745907
ORGANIZATION NAME:
IRS NUMBER: 000000000
STATE OF INCORPORATION: K3
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-21117
FILM NUMBER: 241129256
BUSINESS ADDRESS:
STREET 1: 48 CONNAUGHT ROAD CENTRAL
STREET 2: 9TH FLOOR, SOUTHLAND BUILDING
CITY: HONG KONG
STATE: K3
ZIP: 00000
BUSINESS PHONE: 852-37-57-6470
MAIL ADDRESS:
STREET 1: 48 CONNAUGHT ROAD CENTRAL
STREET 2: 9TH FLOOR, SOUTHLAND BUILDING
CITY: HONG KONG
STATE: K3
ZIP: 00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?>
<edgarSubmission xmlns="http://www.sec.gov/edgar/thirteenffiler" xmlns:com="http://www.sec.gov/edgar/common">
<schemaVersion>X0202</schemaVersion>
<headerData>
<submissionType>13F-HR/A</submissionType>
<filerInfo>
<liveTestFlag>LIVE</liveTestFlag>
<flags>
<confirmingCopyFlag>false</confirmingCopyFlag>
<returnCopyFlag>true</returnCopyFlag>
<overrideInternetFlag>false</overrideInternetFlag>
</flags>
<filer>
<credentials>
<cik>0001745907</cik>
<ccc>XXXXXXXX</ccc>
</credentials>
</filer>
<periodOfReport>12-31-2023</periodOfReport>
</filerInfo>
</headerData>
<formData>
<coverPage>
<reportCalendarOrQuarter>12-31-2023</reportCalendarOrQuarter>
<isAmendment>true</isAmendment>
<amendmentNo>1</amendmentNo>
<amendmentInfo>
<amendmentType>RESTATEMENT</amendmentType>
</amendmentInfo>
<filingManager>
<name>CloudAlpha Capital Management Limited/Hong Kong</name>
<address>
<com:street1>48 CONNAUGHT ROAD CENTRAL</com:street1>
<com:street2>9TH FLOOR, SOUTHLAND BUILDING</com:street2>
<com:city>HONG KONG</com:city>
<com:stateOrCountry>K3</com:stateOrCountry>
<com:zipCode>00000</com:zipCode>
</address>
</filingManager>
<reportType>13F HOLDINGS REPORT</reportType>
<form13FFileNumber>028-21117</form13FFileNumber>
<provideInfoForInstruction5>N</provideInfoForInstruction5>
</coverPage>
<signatureBlock>
<name>Peide Yan</name>
<title>Chief Operating Officer</title>
<phone>852-2487 5256</phone>
<signature>Peide Yan</signature>
<city>Hong Kong</city>
<stateOrCountry>K3</stateOrCountry>
<signatureDate>07-22-2024</signatureDate>
</signatureBlock>
<summaryPage>
<otherIncludedManagersCount>0</otherIncludedManagersCount>
<tableEntryTotal>41</tableEntryTotal>
<tableValueTotal>1084387106</tableValueTotal>
<isConfidentialOmitted>false</isConfidentialOmitted>
</summaryPage>
</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>INFORMATION TABLE
<SEQUENCE>2
<FILENAME>SEC_13F_REPORT_DATA_4Q_2023.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8" standalone="yes"?>
<ns1:informationTable xmlns:ns1="http://www.sec.gov/edgar/document/thirteenf/informationtable">
<ns1:infoTable>
<ns1:nameOfIssuer>AMAZON COM INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>023135106</ns1:cusip>
<ns1:value>12213545</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>80384</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>80384</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>DATADOG INC</ns1:nameOfIssuer>
<ns1:titleOfClass>CL A COM</ns1:titleOfClass>
<ns1:cusip>23804L103</ns1:cusip>
<ns1:value>6336036</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>52200</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>52200</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>NVIDIA CORPORATION</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>67066G104</ns1:cusip>
<ns1:value>32387388</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>65400</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>65400</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>SNOWFLAKE INC</ns1:nameOfIssuer>
<ns1:titleOfClass>CL A</ns1:titleOfClass>
<ns1:cusip>833445109</ns1:cusip>
<ns1:value>18845300</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>94700</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>94700</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>TESLA INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>88160R101</ns1:cusip>
<ns1:value>100123277</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>402943</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>402943</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>TESLA INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>88160R101</ns1:cusip>
<ns1:value>217420000</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>875000</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:putCall>Call</ns1:putCall>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>875000</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>META PLATFORMS INC</ns1:nameOfIssuer>
<ns1:titleOfClass>CL A</ns1:titleOfClass>
<ns1:cusip>30303M102</ns1:cusip>
<ns1:value>17290238</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>48848</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>48848</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>ADOBE INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>00724F101</ns1:cusip>
<ns1:value>38346465</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>64275</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>64275</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>ADVANCED MICRO DEVICES INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>007903107</ns1:cusip>
<ns1:value>124427307</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>844090</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>844090</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>ADVANCED MICRO DEVICES INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>007903107</ns1:cusip>
<ns1:value>140702845</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>954500</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:putCall>Call</ns1:putCall>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>954500</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>ALPHABET INC</ns1:nameOfIssuer>
<ns1:titleOfClass>CAP STK CL A</ns1:titleOfClass>
<ns1:cusip>02079K305</ns1:cusip>
<ns1:value>12013340</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>86000</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>86000</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>MICROSOFT CORP</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>594918104</ns1:cusip>
<ns1:value>11585792</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>30810</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>30810</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>UNITY SOFTWARE INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>91332U101</ns1:cusip>
<ns1:value>30417703</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>743891</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>743891</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>APPLIED OPTOELECTRONICS INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>03823U102</ns1:cusip>
<ns1:value>12310704</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>637200</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>637200</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>GITLAB INC</ns1:nameOfIssuer>
<ns1:titleOfClass>CLASS A COM</ns1:titleOfClass>
<ns1:cusip>37637K108</ns1:cusip>
<ns1:value>24472552</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>388700</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>388700</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>MONGODB INC</ns1:nameOfIssuer>
<ns1:titleOfClass>CL A</ns1:titleOfClass>
<ns1:cusip>60937P106</ns1:cusip>
<ns1:value>10384790</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>25400</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>25400</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>SERVICENOW INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>81762P102</ns1:cusip>
<ns1:value>10985920</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>15550</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>15550</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>ORACLE CORP</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>68389X105</ns1:cusip>
<ns1:value>716924</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>6800</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>6800</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>ZOOM VIDEO COMMUNICATIONS IN</ns1:nameOfIssuer>
<ns1:titleOfClass>CL A</ns1:titleOfClass>
<ns1:cusip>98980L101</ns1:cusip>
<ns1:value>36307359</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>504900</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>504900</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>ELASTIC N V</ns1:nameOfIssuer>
<ns1:titleOfClass>ORD SHS</ns1:titleOfClass>
<ns1:cusip>N14506104</ns1:cusip>
<ns1:value>1162726</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>10317</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>10317</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>ISHARES TR</ns1:nameOfIssuer>
<ns1:titleOfClass>ISHARES SEMICDTR</ns1:titleOfClass>
<ns1:cusip>464287523</ns1:cusip>
<ns1:value>9217600</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>16000</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:putCall>Put</ns1:putCall>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>16000</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>ASML HOLDING N V</ns1:nameOfIssuer>
<ns1:titleOfClass>N Y REGISTRY SHS</ns1:titleOfClass>
<ns1:cusip>N07059210</ns1:cusip>
<ns1:value>1021842</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>1350</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>1350</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>BITDEER TECHNOLOGIES GROUP</ns1:nameOfIssuer>
<ns1:titleOfClass>CL A ORD SHS</ns1:titleOfClass>
<ns1:cusip>G11448100</ns1:cusip>
<ns1:value>1198976</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>121600</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>121600</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>CANAAN INC</ns1:nameOfIssuer>
<ns1:titleOfClass>SPONSORED ADS</ns1:titleOfClass>
<ns1:cusip>134748102</ns1:cusip>
<ns1:value>445830</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>193000</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>193000</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>CONFLUENT INC</ns1:nameOfIssuer>
<ns1:titleOfClass>CLASS A COM</ns1:titleOfClass>
<ns1:cusip>20717M103</ns1:cusip>
<ns1:value>29833292</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>1274927</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>1274927</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>COINBASE GLOBAL INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM CL A</ns1:titleOfClass>
<ns1:cusip>19260Q107</ns1:cusip>
<ns1:value>42262560</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>243000</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>243000</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>COINBASE GLOBAL INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM CL A</ns1:titleOfClass>
<ns1:cusip>19260Q107</ns1:cusip>
<ns1:value>2243568</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>12900</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:putCall>Call</ns1:putCall>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>12900</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>SALESFORCE INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>79466L302</ns1:cusip>
<ns1:value>9999320</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>38000</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>38000</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>CROWDSTRIKE HLDGS INC</ns1:nameOfIssuer>
<ns1:titleOfClass>CL A</ns1:titleOfClass>
<ns1:cusip>22788C105</ns1:cusip>
<ns1:value>10212800</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>40000</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>40000</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>GLOBALFOUNDRIES INC</ns1:nameOfIssuer>
<ns1:titleOfClass>ORDINARY SHARES</ns1:titleOfClass>
<ns1:cusip>G39387108</ns1:cusip>
<ns1:value>975660</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>16100</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>16100</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>HASHICORP INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM CL A</ns1:titleOfClass>
<ns1:cusip>418100103</ns1:cusip>
<ns1:value>2576878</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>109005</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>109005</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>INTEL CORP</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>458140100</ns1:cusip>
<ns1:value>30803250</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>613000</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>613000</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>ISHARES TR</ns1:nameOfIssuer>
<ns1:titleOfClass>RUSSELL 2000 ETF</ns1:titleOfClass>
<ns1:cusip>464287655</ns1:cusip>
<ns1:value>7626980</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>38000</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:putCall>Put</ns1:putCall>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>38000</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>LUMENTUM HLDGS INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>55024U109</ns1:cusip>
<ns1:value>5504100</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>105000</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>105000</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>MARATHON DIGITAL HOLDINGS IN</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>565788106</ns1:cusip>
<ns1:value>570807</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>24300</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>24300</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>MOBILEYE GLOBAL INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COMMON CLASS A</ns1:titleOfClass>
<ns1:cusip>60741F104</ns1:cusip>
<ns1:value>2729160</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>63000</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:putCall>Put</ns1:putCall>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>63000</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>PALO ALTO NETWORKS INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>697435105</ns1:cusip>
<ns1:value>9878480</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>33500</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>33500</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>TERADYNE INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>880770102</ns1:cusip>
<ns1:value>1041792</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>9600</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>9600</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>TAIWAN SEMICONDUCTOR MFG LTD</ns1:nameOfIssuer>
<ns1:titleOfClass>SPONSORED ADS</ns1:titleOfClass>
<ns1:cusip>874039100</ns1:cusip>
<ns1:value>46966400</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>451600</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>451600</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>TAIWAN SEMICONDUCTOR MFG LTD</ns1:nameOfIssuer>
<ns1:titleOfClass>SPONSORED ADS</ns1:titleOfClass>
<ns1:cusip>874039100</ns1:cusip>
<ns1:value>4180800</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>40200</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:putCall>Call</ns1:putCall>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>40200</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
<ns1:infoTable>
<ns1:nameOfIssuer>ZSCALER INC</ns1:nameOfIssuer>
<ns1:titleOfClass>COM</ns1:titleOfClass>
<ns1:cusip>98980G102</ns1:cusip>
<ns1:value>6646800</ns1:value>
<ns1:shrsOrPrnAmt>
<ns1:sshPrnamt>30000</ns1:sshPrnamt>
<ns1:sshPrnamtType>SH</ns1:sshPrnamtType>
</ns1:shrsOrPrnAmt>
<ns1:investmentDiscretion>SOLE</ns1:investmentDiscretion>
<ns1:votingAuthority>
<ns1:Sole>30000</ns1:Sole>
<ns1:Shared>0</ns1:Shared>
<ns1:None>0</ns1:None>
</ns1:votingAuthority>
</ns1:infoTable>
</ns1:informationTable>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>