Thursday, July 2, 2026
Last updated 5:07 AM PT
Market Value
$227,370.43
Cost $239,993.08
Day's Gain
$0.00
0.00%
Total Gain
-$12,622.65
-5.26%
Semis first: the MU headline is broad tech pressure, not a broken AI memory thesis, and tight HBM supply keeps the margin story alive. Down 2% on the position is noise; I’d buy weakness in pieces, not chase, because memory still bites when supply loosens.
AI semis took a breather, but storage is still in the buildout stack and SNDK needs hyperscaler demand, NAND pricing discipline, and margin expansion to prove it. Down 10.77% in the position, I’d buy weakness in pieces, not chase flat tape; the trade is on if AI capex keeps feeding storage.
Semicap still has the AI capex wind at its back through HBM, advanced packaging, and foundry tool demand, but China controls can hit orders and margins fast. With no fresh catalyst and the position already green, I'd stay long but not chase; buy weakness in pieces.
Semis have no real read-through here: General Mills is packaged food and Samsung Bioepis is biosimilars, so nothing changes AMD's AI compute thesis around HBM supply, CoWoS capacity, hyperscaler capex, or gross margin leverage. Down 6.27% in the position, I'd stay long and buy weakness in pieces only if data-center GPU momentum keeps improving: own it, don't trade it.
This is grid-power infrastructure, not a clean-tech science project: AI data centers need firm power now, and Bloom’s deal expansion says customers are paying for speed. At $289.50 with the stake still down 12.8%, I’d stay long but stop chasing spikes; buy weakness in pieces only if backlog converts into margin.
Grid power is still the scarce asset trade, and GEV owns the gas turbines, electrification, and service margin story that hyperscaler power demand keeps feeding. With no fresh headlines and only a 4.14% gain, I stay long and buy weakness in pieces, not chase a flat tape.
Semis are still an AI supply-chain market, but INTC is not the clean HBM or CoWoS winner; it is a foundry turnaround with capex drag and margin pressure. I keep it on a tight leash here, stay long only for the optionality, and put fresh money into the stronger AI memory and compute names.
The sector read is clear: AI memory is where the tape is rewarding pricing power, and MRVL has to prove custom silicon and optical can pull the same margin dollars. Down 11.89% on the position, I’d hold core but buy weakness only in pieces until orders, capex visibility, and HBM/CoWoS-linked demand show up in the numbers.
This is not an SPCX fundamental catalyst; it is an ad-stuffed headline bundle touching TSM, AI power, and Amazon software spend, with no clean margin or capex read-through for the fund. Other holdings is not a thesis, so I’d trim the dead money and redeploy into real AI infrastructure winners with earnings power.
Semis got clipped by the Meta cloud read-through, but TSM is still the AI foundry toll road with pricing power, CoWoS scarcity, and elite customer concentration. Trinity Street trimming is noise; at -6.75% in the position I would stay long, buy weakness in pieces, and own it, don’t trade it.
Storage is in the AI slipstream, and that Sandisk headline says memory pricing and enterprise SSD demand are doing the work. At $598.37 with the position down 24%, I’d buy weakness in pieces only if margins keep expanding; this is Other Holdings, not an own-it-don’t-trade-it core.
ADVANCED MICRO DEVICES INC COM
$540.88 $0.00 (0.00%)
I like the setup only if data-center GPU revenue and gross margins keep expanding, because AMD still has to prove it can take sustained AI share from Nvidia. Watch HBM, CoWoS, hyperscaler concentration, and server CPU momentum; with no real catalyst in that headline, the trade is on only when backlog and margins say so.
BROADCOM INC COM
$369.34 $0.00 (0.00%)
AVGO is the AI infrastructure derivative I care about here: custom silicon, switching, optical, and CoWoS capacity matter more than the GPU-memory sympathy selloff. Watch Meta capex turning into ASIC orders and networking margin expansion; flat tape does not change the setup, I like this name on weakness.
BLOOM ENERGY CORP COM CL A
$289.50 $0.00 (0.00%)
BE is now a data-center power story, not a sleepy fuel-cell story, and Brookfield-style demand says grid bottlenecks are turning dispatchable clean power into AI infrastructure currency. Watch booked revenue, service margins, and customer concentration, because after this monster run the setup needs execution proof before I’d chase it.
CEREBRAS SYSTEMS INC COM CL A
$221.27 $0.00 (0.00%)
AI compute is still the sector to watch, but with no fresh headlines and a flat print, CBRS is a wait-for-confirmation name, not a chase. I want proof on margins, customer concentration, and supply-chain capacity before I call the trade on.
CORNING INC COM
$220.63 $0.00 (0.00%)
This is a materials-and-optical infrastructure watchlist name, so the setup lives in AI data-center glass, optical connectivity, and margin leverage, not a flat tape print. Cramer is talking rotation broadly, not GLW specifically, so watch whether money moves into non-megacap infrastructure winners before you chase it.
ALPHABET INC CAP STK CL A
$361.21 $0.00 (0.00%)
GOOGL is in the hyperscaler lane: massive AI capex, data centers, chips, power, but the prize is higher cloud and ads monetization if margins hold. Flat tape does not change the setup; watch capex discipline and Cloud operating margin, because that tells you whether this is own-it-don’t-trade-it or just another AI spending bill.
IRIDIUM COMMUNICATIONS INC COM
$55.72 $0.00 (0.00%)
Space infrastructure is the trade, and Peter Beck is telling you Rocket Lab wants Iridium’s spectrum and services as the shortcut to vertical integration. For IRDM, watch the deal economics and retained cash flows; spectrum is the crown jewel, but selling strategic assets too cheaply would cap the setup.
LUMENTUM HLDGS INC COM
$801.16 $0.00 (0.00%)
Optical is the lane here, and with no fresh headlines the LITE setup is unchanged: AI data-center demand, margins, and customer concentration drive the story. Watch for broader hyperscaler orders and cleaner gross margins; until then, stay patient and make the fundamentals earn the move.
LAM RESEARCH CORP COM NEW
$391.26 $0.00 (0.00%)
No real Lam Research signal in that headline; this is still a wafer-fab equipment read on AI memory spend, NAND recovery, and China controls. Watch HBM and DRAM capex orders plus gross-margin guide, because if customers keep spending on etch and deposition, I like this name on weakness, not random AI fluff.
NVIDIA CORPORATION COM
$197.58 $0.00 (0.00%)
AI semis still have the tape behind them with the Dow at records, but NVDA’s flat print says the market wants a fresh catalyst. Watch HBM supply, CoWoS capacity, hyperscaler capex, and grid power; clean reads there keep this a buy-weakness watchlist name, not a chase.
PALANTIR TECHNOLOGIES INC CL A
$125.73 $0.00 (0.00%)
AI software is a knife fight, but Palantir has the customer lock-in and margin profile that make D.A. Davidson and Gil Luria’s buy-the-dip call worth watching. Flat at $125.73 changes nothing: watch commercial growth, government deal flow, and valuation discipline before calling the trade back on.
QUANTA SVCS INC COM
$691.40 $0.00 (0.00%)
PWR is a grid-power and data-center load story, and no fresh headline means the setup still lives on utility capex, hardening, and electrification demand. At $691 this needs clean margin execution, so I like it on weakness, not as a chase.
QNITY ELECTRONICS INC COMMON STOCK
$153.37 $0.00 (0.00%)
No fresh headlines, no catalyst, no chase; Q has to earn attention with real demand, margin, or balance-sheet news before the trade is on. Watch the peer group first, because a flat tape at $153.37 tells you nothing without sector confirmation.
REDDIT INC CL A
$197.76 $0.00 (0.00%)
Internet platforms are locking down their data, and Reddit forcing old.reddit.com logins is about defending the corpus from abusive scraping while tightening the funnel into monetizable identity. Flat tape changes nothing; watch engagement after the added friction and data-licensing momentum, because if both hold, I like this setup.
SILICON MOTION TECHNOLOGY CORP SPONSORED ADR
$316.98 $0.00 (0.00%)
AI software mania is loud, but SIMO is a storage-cycle semiconductor story: NAND pricing, controller share, and customer concentration matter more than Alex Karp’s CNBC heat. Watch SSD demand and inventory discipline; if AI capex starts pulling more storage with it, the trade is on, but this headline does not change the setup.
TAIWAN SEMICONDUCTOR MANUFACT SPONSORED ADS
$444.23 $0.00 (0.00%)
Semis first: TSM is still the toll road on AI capex, and foreigners dumping Asia says crowding pressure, not a thesis break. Watch CoWoS capacity, HBM attach, customer concentration, and margin discipline; I like the setup on weakness, but don’t chase a crowded winner.