Tuesday, July 7, 2026
Last updated 3:07 PM PT
Market Value
$202,454.94
Cost $239,993.08
Day's Gain
-$14,077.50
-6.50%
Total Gain
-$37,538.14
-15.64%
AI semis are getting hit, but Micron is not broken: HBM demand and tight premium memory supply keep this an AI infrastructure winner. At down 11% on the position, I’d buy weakness in pieces, own it, don’t trade it, and watch HBM margins, capex discipline, and AI customer demand.
Storage is in the AI buildout, but SNDK has to show NAND pricing power, enterprise SSD demand, and margin lift, not just a sympathy bounce with Micron. Down 29% in the position, I’d hold the core and add only in pieces on real margin proof; the trade is on, but this is not own-it-don’t-trade-it yet.
Semi-cap equipment is getting hit with no fresh company-specific news, so this is multiple compression and capex anxiety, not a proven AMAT fundamental break. I like the franchise, but as an “other holding” down 13%, buy weakness only in pieces and keep your eye on China exposure, foundry orders, DRAM/HBM spend, and margin durability.
AI compute is still the trade, and this Turing partnership matters because every Nvidia dependence cut is a door AMD can kick open in accelerators and autonomous systems. But a 6.5% tape slap says discipline: I’d hold core, buy weakness only in pieces, and demand proof on MI margins, HBM supply, and CoWoS access before sizing it up.
Energy infrastructure first, AI wrapper second: Brookfield’s $25B expansion validates the grid-power bottleneck thesis, but BE still has to prove margins and deployment cadence at scale. Down 8.6% today with the position -18.8%, I would not chase weakness blindly; buy only in pieces if you believe Bloom can convert this partnership into backlog, cash flow, and cleaner execution.
Power and grid electrification remain the story, and a 6.5% drop with no fresh headline is profit-taking, not a thesis break. Stay long, buy weakness in pieces, and watch margins, gas turbine backlog, grid capacity, and supply-chain pinch points because this is own it, don’t trade it.
Semis are the battleground, and Intel is acting like the weak link at $110.39, down 9.66%; Trump’s Dell headline helps PC sentiment, but it does not fix Intel’s margin pressure, foundry capex burden, or execution gap. I’d trim strength and only buy weakness in small pieces after proof of better margins and packaging traction, because this is not own-it-don’t-trade-it yet.
Semis first: MRVL is a no-news selloff, and a 7.45% flush with the position down 25.28% says the market has no patience for promises. I would trim strength and demand proof in margins, custom silicon, optical, and AI capex leverage before calling this a core name, booyah.
Space is not the problem; this is index-inclusion flow meeting a rich story, and the Nasdaq 100 add can create forced buying without fixing valuation, disclosure, or rocket-and-Starlink capex. At -29% total, I would not puke SPCX into the rebalance tape, but I’d keep it speculative and buy weakness only in small pieces.
Semis are getting hit on AI valuation fear, not broken demand, and TSM still owns the foundry choke point in CoWoS, advanced nodes, and AI capex. At -9.20% in the position I’d buy weakness in pieces, because this is the toll road for hyperscaler AI spend even when the tape punishes every AI multiple.
Memory and storage are bouncing with chip shares, but WDC down 7.86% says this name is still broken relative to the group. I’d stay disciplined, not average down blindly, and make WDC prove NAND pricing, HDD demand, and margins are turning before buying weakness in pieces.
ADVANCED MICRO DEVICES INC COM
$516.11 -$35.94 (-6.51%)
AI hardware remains the sector tell, but a Honeywell breakup story does not change the AMD setup; the real watch is GPU share, HBM, CoWoS, optical interconnect, and gross margin against Nvidia. Down 6.5%, I like the name only on proof of hyperscaler demand and supply-chain execution, not on a sympathy headline, booyah.
BROADCOM INC COM
$370.78 -$3.12 (-0.83%)
Watch AI order growth, VMware margin extraction, and hyperscaler customer concentration; those fundamentals decide whether the rally has legs. A 0.83% down day does not change the setup; AI capex, networking bottlenecks, CoWoS/HBM supply, and AVGO remain the trade.
BLOOM ENERGY CORP COM CL A
$269.57 -$25.48 (-8.64%)
The AI power trade is on, and Bloom just got a bigger Brookfield stamp, but the stock is being punished because expectations ran ahead of margins and project timing. Watch backlog conversion, financing terms, and whether data-center customers treat fuel cells as real grid-bypass infrastructure; I like the setup only on disciplined weakness.
CEREBRAS SYSTEMS INC COM CL A
$176.61 -$15.40 (-8.02%)
Small-cap bank tape is unforgiving: no fresh headline means this 8% hit is about liquidity, confidence, and credit fear, not a clean fundamental reset. Watch deposits, net interest margin, and any credit marks; I would not chase until the bank tells us why sellers hit it.
CORNING INC COM
$185.38 -$9.42 (-4.84%)
Optical and specialty glass is still an AI-infrastructure supply-chain story, so without fresh headlines this drop reads like multiple compression, not a broken thesis. Watch data-center optical demand, display-glass pricing, and margin flow-through; I like it only on real weakness tied to numbers, not mystery tape.
ALPHABET INC CAP STK CL A
$367.03 $0.57 (0.16%)
Mega-cap AI is a capex cage fight, and GOOGL’s tiny green move says the market still likes the hyperscaler lane but wants proof the spending turns into cloud and ad margin power. Watch Gemini monetization, cloud growth, and capex discipline; I like this name on weakness, not as a chase at $367.
IRIDIUM COMMUNICATIONS INC COM
$51.09 -$1.50 (-2.85%)
Satellite services is a scale-and-data game, and IRDM's Aireon close only works if it turns more aviation data into recurring high-margin revenue without gumming up capex. Down 2.85% does not change the setup; watch debt load, integration milestones, and whether PNT/data growth can offset any margin drag from the deal.
LUMENTUM HLDGS INC COM
$698.91 -$32.34 (-4.42%)
Optical and AI interconnect are still the setup here: watch datacenter orders, gross margin, and customer concentration, because that is where LITE wins or gets clipped. No fresh headlines and a -4.42% day says multiple reset, not thesis break; I like this name on weakness only if the next print shows clean demand and no margin fade.
LAM RESEARCH CORP COM NEW
$326.13 -$24.07 (-6.87%)
Semicap equipment is the tell: if SOXX is bid and LRCX is down nearly 7%, the market is questioning wafer-fab capex timing, not the AI story. Watch memory orders, China exposure, and HBM tool demand; no chase here, let the capex readthrough stabilize before the trade is on.
NVIDIA CORPORATION COM
$196.93 $1.38 (0.71%)
Semis are still an AI capex tape, and Goldman’s point is that NVDA’s bargain price already prices in lost share, so the +0.71% move does not change the setup. Watch hyperscaler GPU spend versus custom silicon, because if margins and supply-chain access hold, I like this name on weakness, not after a chase.
PALANTIR TECHNOLOGIES INC CL A
$134.37 $1.83 (1.38%)
PLTR is still the AI software momentum trade, and a Burry-Trump short-seller fight is noise unless it turns into real pressure on high-multiple growth. Watch margins, government deal flow, and commercial customer expansion; if those hold, I like this name on weakness, not after a chase.
QUANTA SVCS INC COM
$656.79 -$17.25 (-2.56%)
PWR is a grid-and-electrification winner, so a 2.6% down day with no fresh headline is noise, not a thesis break. Watch margins, utility capex, and data-center power backlog; if those hold, I like this name on weakness.
QNITY ELECTRONICS INC COMMON STOCK
$140.54 -$6.14 (-4.19%)
No fresh headlines, so this 4% break is tape pressure, not a fundamental reset. Watch margins, backlog quality, and customer concentration next print; I need a cleaner catalyst before saying the trade is on.
REDDIT INC CL A
$199.44 -$1.42 (-0.71%)
RDDT is a digital ad and data story now, and the B2B money moving into messy communities says the demand is real but brand safety is the tax. The small red day changes nothing: watch ad load, pricing power, AI/data licensing, and whether margins keep expanding as the platform professionalizes.
SILICON MOTION TECHNOLOGY CORP SPONSORED ADR
$294.90 -$23.96 (-7.51%)
Semis first: SIMO down 7.5% with only an irrelevant SVB legal headline is tape pressure, not a broken thesis. Watch NAND demand, controller pricing, and customer inventory; I like the setup only if margins hold and the next company-specific print confirms the cycle is turning.
TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS
$432.57 -$19.22 (-4.25%)
This Evergreen raid is not a TSM thesis-breaker; it is Taiwan headline risk bleeding into a premium semiconductor name. For TSM, watch AI capex, CoWoS and HBM bottlenecks, and customer concentration with Nvidia and Apple, because that is where margins and the multiple live.