Raspberry Pi surges, traders point to X post about hoarding

(Sharecast News) - Raspberry Pi surged on Tuesday with traders pointing to X, where one account holder posted a "fun trade idea" to go long the shares, citing AI assistants OpenClaw and PicoClaw, Nanobot and hoarding. @aleabitoreddit wrote in a post that "everyone has been openly hoarding Apple Mac Minis and were long Apple". However, they pointed out that Apple is already a $3.7trillion + company and argued that product mass-buying "won't make a dent".

"Raspberry Pi, however, is a 542.68m company," they said, adding that the revenue is "material" and that it feels like markets haven't priced this in since there have been "almost zero" mentions about the ticker on X, but many product mentions.

@aleabitoreddit, a "materials and semi/AI/fintech analyst", said it's only recently that the hoarding of Raspberry Pis has started, as they're much cheaper than $500+ Apple products.

"They also have their mini $NVDA CUDA-light utility ecosystem that people use." So it turns out these extremely cheap $20 or $200 devices are perfect for mass deploying isolated instances, they added.

"The reason is for OpenClaw orchestration (so they don't mess up your device)," they said.

They noted that before, people were just buying one or two for hobby/education purposes, so revenue was slowing.

"But now Silicon Valley startups and individuals anecdotally appear to be buying tens or hundreds of these things to run concurrent OpenClaw agentic swarms or do stuff like agentic marketing on Reddit and other places."

Raspberry Pi makes high-performance, low-cost single-board computers (SBCs), microcontrollers, and computing accessories mainly designed to promote computer science education and enable DIY projects.

At 1115 GMT, the shares - which recently fell below the June 2024 IPO price of 280p - were up a whopping 29% at 392.40p.

--Josh White contributed to this story.