Markets Brief

Friday, May 8, 2026

Last updated 3:02 PM PT

Market Value

$157,117.40

Cost $135,392.96

Day's Gain

$7,366.30

4.92%

Total Gain

$21,724.44

16.05%

AI semis & memory

MU

Day's Gain $
$4,007.20
Day's Gain %
15.49%
Total Gain $
$9,577.40
Total Gain %
47.19%

Qty # 40 · Last Price $746.81 · Value $29,872.40 · Total Cost $20,295.00

Memory is the sector leading today because AI servers are starving for HBM, and Micron’s surge says pricing power and supply discipline are back in the story. Stay long, but after a +47% position move I’d trim a slice into this spike and buy weakness in pieces because the thesis is still margins, HBM mix, and AI capex, not one monster Friday.

NVDA

Day's Gain $
$185.00
Day's Gain %
1.75%
Total Gain $
$39.30
Total Gain %
0.37%

Qty # 50 · Last Price $215.20 · Value $10,760.00 · Total Cost $10,720.70

AI semis are still the leadership group, and NVDA pressing toward records tells you the trade is on as long as hyperscaler capex keeps feeding GPUs, networking, HBM, and CoWoS demand. I’d stay long and buy weakness in pieces, but do not ignore 2026 risk: margins can get squeezed if supply catches up, customers push back, or power and packaging become the bottleneck.

Hyperscaler

GOOGL

Day's Gain $
$421.50
Day's Gain %
0.71%
Total Gain $
$7,334.16
Total Gain %
13.89%

Qty # 150 · Last Price $400.80 · Value $60,120.00 · Total Cost $52,785.84

Hyperscaler tape says the trade is on: Alphabet is getting re-rated as AI scale, cloud demand, and ad cash flow prove this is more than a search story. Up 14% in the position, I’d stay long but trim only if it gets euphoric, because the market is paying for capex discipline and AI distribution now.

AI buildout — fiber, storage, power

GLW

Day's Gain $
$363.20
Day's Gain %
2.49%
Total Gain $
$1,079.64
Total Gain %
7.78%

Qty # 80 · Last Price $186.94 · Value $14,955.20 · Total Cost $13,875.56

GLW is an AI infrastructure tollbooth: fiber, glass, and plants funded by demand so strong Jensen Huang is helping with capital plus equity. I like this name here, but after a 7.78% position gain I’d add only on weakness and stay long because the trade is on.

PWR

Day's Gain $
-$28.65
Day's Gain %
-0.76%
Total Gain $
$57.62
Total Gain %
1.57%

Qty # 5 · Last Price $745.00 · Value $3,725.00 · Total Cost $3,667.38

Power infrastructure is still the bottleneck for AI, and PWR sits right in the grid, substations, fiber, and storage spend that hyperscalers cannot dodge. Stock is barely red today and up only modestly in the position, so I stay long and buy weakness in pieces because the thesis is capex, not a one-day tape.

SNDK

Day's Gain $
$2,223.80
Day's Gain %
16.60%
Total Gain $
$4,038.60
Total Gain %
34.86%

Qty # 10 · Last Price $1,562.34 · Value $15,623.40 · Total Cost $11,584.80

Memory is the hot lane in the AI buildout, and SNDK is getting paid because storage supply is tight while demand keeps ripping. Up 16.6% today and 34.9% on the position, I’d trim a little strength but stay long the core because the trade is still on.

AI thematic & data

RDDT

Day's Gain $
-$244.50
Day's Gain %
-4.97%
Total Gain $
-$285.45
Total Gain %
-5.76%

Qty # 30 · Last Price $155.80 · Value $4,674.00 · Total Cost $4,959.45

RDDT is still an AI data asset, but without fresh headlines the tape is telling you the market wants proof on licensing revenue, ad growth, and margin leverage. I would not chase it here; buy weakness in pieces only if the AI data thesis keeps converting into real contracts and better EBITDA.

Watchlist

AMD

ADVANCED MICRO DEVICES INC COM

$455.19 $46.73 (11.44%)

AMD ripped like an AI semi leader, but the provided headline is not AMD-specific, so I’m watching real catalysts: MI accelerator demand, gross margins, HBM supply, CoWoS capacity, and whether hyperscaler capex keeps flowing. Up 11% in one day means don’t chase blind; buy weakness in pieces if the next AMD headlines confirm share gains against Nvidia and better data-center profitability.

ARM

ARM HOLDINGS PLC SPONSORED ADS

$213.27 -$0.04 (-0.02%)

ARM is the AI chip royalty tollbooth, but the market is saying the valuation needs cleaner evidence that licensing growth and royalty rates can outrun expectations. Watch the earnings follow-through, smartphone exposure, and whether AI edge demand turns into real margin leverage; I like the business, but at this price the setup needs numbers, not vibes.

CHAT

ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF

$86.18 $2.27 (2.71%)

Memory is still the AI supply-chain choke point, and any DRAM/HBM pullback is a chance to test whether demand, pricing, and margins are holding up. For CHAT, watch whether the bid is real AI-infrastructure sympathy or just ETF flow; I like the setup only if memory strength keeps broadening.

LITE

LUMENTUM HLDGS INC COM

$903.80 $11.22 (1.26%)

This is an AI-infra tape, not a LITE-specific headline, but it keeps the bid under everything tied to data-center buildouts and optical plumbing. For LITE, watch whether AI capex turns into real optical demand and margin lift; if it does, the trade is on.

WDC

WESTERN DIGITAL CORP COM

$480.00 $16.09 (3.47%)

Memory and storage are in gear, and Micron’s surge says the market is paying up for tight supply, AI-driven bandwidth demand, and pricing power across the chain. For WDC, watch NAND pricing, enterprise SSD demand, and margin follow-through; the move helps the setup, but I’d buy weakness in pieces, not chase a 3.5% pop.