Markets Brief

Thursday, May 14, 2026

Last updated 3:05 PM PT

Market Value

$196,867.81

Cost $172,483.81

Day's Gain

-$962.33

-0.49%

Total Gain

$24,384.00

14.14%

AI semis & memory

MU

Day's Gain $
-$1,104.80
Day's Gain %
-3.44%
Total Gain $
$10,745.40
Total Gain %
52.95%

Qty # 40 · Last Price $776.01 · Value $31,040.40 · Total Cost $20,295.00

Memory is still the AI toll road, but MU just got a $100 billion gut-check because the market is testing whether HBM pricing, capex discipline, and cycle durability can support that +52.95% position gain. I’d trim a little strength, keep a core, and buy weakness in pieces only if margins keep expanding and AI server demand stays tight.

NVDA

Day's Gain $
$495.50
Day's Gain %
4.39%
Total Gain $
$1,066.30
Total Gain %
9.95%

Qty # 50 · Last Price $235.74 · Value $11,787.00 · Total Cost $10,720.70

AI semis are back in charge, and Nvidia is acting like the one stock institutions still have to own because the capex cycle, HBM pull, CoWoS constraints, and China optionality all point the same way. Up 10% in the position after a 4.4% day, I’d stay long but buy weakness in pieces, because Rolland’s “another surge” headline fits the tape and the fundamentals are still doing the heavy lifting.

Hyperscaler

GOOGL

Day's Gain $
-$232.50
Day's Gain %
-0.38%
Total Gain $
$7,374.66
Total Gain %
13.97%

Qty # 150 · Last Price $401.07 · Value $60,160.50 · Total Cost $52,785.84

GOOGL is still a hyperscaler you own, not trade, because AI drug discovery is another high-margin option on top of search, cloud, and YouTube. Down a touch today with the position up 13.97%, I’d stay long and buy weakness in pieces, but I would not chase green Nasdaq chip sympathy unless cloud margins and AI capex efficiency keep proving out.

AI buildout — fiber, storage, power

GLW

Day's Gain $
$177.00
Day's Gain %
0.86%
Total Gain $
$2,787.74
Total Gain %
15.45%

Qty # 100 · Last Price $208.28 · Value $20,828.00 · Total Cost $18,040.26

GLW stays in the AI infrastructure bucket: fiber, optical connectivity, and power-adjacent demand are real beneficiaries as data-center capex keeps moving from chips into the physical network. Up 15% in the position with no fresh catalyst, I’d stay long but stop chasing green days; buy weakness in pieces because the trade is on, not over.

PWR

Day's Gain $
$31.80
Day's Gain %
0.82%
Total Gain $
$233.02
Total Gain %
6.35%

Qty # 5 · Last Price $780.08 · Value $3,900.40 · Total Cost $3,667.38

PWR is the AI infrastructure pick-and-shovel: grid hardening, transmission, fiber, substations, storage, the whole bottleneck stack. Up 6.35% in the position, I’d stay long and buy weakness in pieces because the capex cycle is still bigger than the stock move.

SNDK

Day's Gain $
-$838.63
Day's Gain %
-4.46%
Total Gain $
$1,704.56
Total Gain %
10.48%

Qty # 13 · Last Price $1,382.72 · Value $17,975.36 · Total Cost $16,270.80

Storage is still the pinch point in the AI buildout, and that PC Gamer headline says the pricing pain has not cleared, so SNDK’s pullback looks like volatility around a real supply-demand squeeze, not a thesis break. Up 10% in the position, I’d trim a little strength if oversized, but otherwise stay long and buy weakness in pieces because the trade is still on.

AI thematic & data

RDDT

Day's Gain $
$65.70
Day's Gain %
1.42%
Total Gain $
-$270.15
Total Gain %
-5.45%

Qty # 30 · Last Price $156.31 · Value $4,689.30 · Total Cost $4,959.45

RDDT is an AI data asset first and a social platform second, and these headlines reinforce the retail-investor moat without changing the core thesis. I like the name on weakness in pieces because licensing, search data, and ad leverage still matter more than a noisy SEC filing fight.

Other holdings

AMZN

Day's Gain $
-$72.75
Day's Gain %
-1.08%
Total Gain $
-$224.63
Total Gain %
-3.25%

Qty # 25 · Last Price $267.22 · Value $6,680.50 · Total Cost $6,905.13

Consumer internet and cloud are still working here: AWS AI momentum is the real story, not a one-day dip. I like AMZN on weakness in pieces because the capex is buying growth, but margins have to keep proving the spend is disciplined.

ASML

Day's Gain $
$14.65
Day's Gain %
0.19%
Total Gain $
$348.45
Total Gain %
4.60%

Qty # 5 · Last Price $1,584.51 · Value $7,922.55 · Total Cost $7,574.10

Semicap equipment: ASML is the gatekeeper for EUV, but with no fresh headlines and the stock already positive, I would not chase a quiet tape. Own the monopoly, watch China restrictions and customer capex, and add only on real weakness.

BE

Day's Gain $
$136.50
Day's Gain %
4.71%
Total Gain $
$9.10
Total Gain %
0.30%

Qty # 10 · Last Price $303.41 · Value $3,034.10 · Total Cost $3,025.00

BE is ripping, but this headline is not the driver; productivity and remote work do not fix fuel-cell demand, margins, project timing, or balance-sheet sensitivity. I’d treat the +4.7% pop as a trim spot in “Other holdings” unless fresh orders, better gross margin, or power-demand pull-through from data centers shows up.

NXPI

Day's Gain $
-$84.80
Day's Gain %
-1.42%
Total Gain $
-$34.70
Total Gain %
-0.59%

Qty # 20 · Last Price $294.17 · Value $5,883.40 · Total Cost $5,918.10

Auto/industrial semis are not the hot tape today, and with no fresh catalyst NXPI is just trading with the cycle. I’d stay patient here: margins and content growth matter more than one red day, but I’d add only on real weakness, not chase.

Q

Day's Gain $
$42.00
Day's Gain %
1.30%
Total Gain $
$182.40
Total Gain %
5.88%

Qty # 20 · Last Price $164.12 · Value $3,282.40 · Total Cost $3,100.00

Q is quiet tape, so the read is portfolio discipline, not catalyst chasing. Stay patient while it works, but I’d keep it in the “prove-it” bucket until fresh fundamentals show up.

STM

Day's Gain $
$99.00
Day's Gain %
1.56%
Total Gain $
$475.50
Total Gain %
7.97%

Qty # 100 · Last Price $64.38 · Value $6,438.00 · Total Cost $5,962.50

Semis first: STM is fine but not where the AI capex dollars are flowing fastest, so this is an “other holdings” name, not a table-pounder. Up 8% in the position, I’d stay long but be willing to trim strength unless we get fresher proof on auto/industrial demand and margin recovery.

TSM

Day's Gain $
$358.40
Day's Gain %
4.48%
Total Gain $
$246.60
Total Gain %
3.04%

Qty # 20 · Last Price $417.72 · Value $8,354.40 · Total Cost $8,107.80

Semis are leading, and TSM is acting like the toll road for AI capex with pricing power, scale, and the customer list everyone else needs. I’d stay long after this move but not chase a +4.5% day; buy weakness in pieces because this is still own it, don’t trade it.

WDC

Day's Gain $
-$49.40
Day's Gain %
-1.00%
Total Gain $
-$260.25
Total Gain %
-5.05%

Qty # 10 · Last Price $489.15 · Value $4,891.50 · Total Cost $5,151.75

Storage first: these headlines are noise, not WDC, so I am not changing the thesis off tutoring and mining headlines. At -5% on the position, I’d stay patient but keep it on a short leash: the real call is NAND pricing, enterprise demand, and AI storage pull-through, not this irrelevant tape.

Watchlist

AMAT

APPLIED MATLS INC COM

$440.56 $3.95 (0.90%)

Semi equipment is still a capex cycle call, and AMAT works if AI foundry spend keeps broadening beyond the obvious HBM and CoWoS bottlenecks. Watch orders and margin commentary, because at $440 this is not a sleepy setup anymore; I like the group, but I’d buy weakness in pieces.

AMD

ADVANCED MICRO DEVICES INC COM

$449.70 $4.20 (0.94%)

Semis are still the battleground, and Cramer flagging AMD 10% off the highs says the trade is on if AI accelerator demand keeps pulling through. Watch margins, HBM supply, and hyperscaler concentration, because I like this name here only if the MI story converts into real operating leverage.

ARM

ARM HOLDINGS PLC SPONSORED ADS

$228.50 $7.29 (3.30%)

ARM is acting like the AI toll-road trade is still on, and the Cerebras angle says SoftBank wants more of the stack, not less. Watch whether this becomes real strategic leverage in AI compute economics or just acquisition noise chasing a hot tape.

AVGO

BROADCOM INC COM

$439.79 $23.00 (5.52%)

Broadcom is still an AI infrastructure tollbooth, and today’s pop says the market wants custom silicon and networking even with hotter inflation pressing multiples. Watch margins, hyperscaler concentration, and CoWoS/HBM supply tightness; I like this name on pullbacks, not after a 5% chase.

CHAT

ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF

$88.78 $0.20 (0.23%)

No fresh headlines means no new thesis signal, so watch the broader AI software tape and whether buyers keep paying for growth despite margin and compute-cost pressure. At $88.78 up just 0.23%, the setup has not changed; I’d wait for real news on customer wins, retention, or profitability before getting excited.

IRDM

IRIDIUM COMMUNICATIONS INC COM

$43.43 $0.34 (0.79%)

Satellite connectivity is still a niche infrastructure trade, and this $367M Aireon aviation deal is the kind of contracted-use case that can tighten the revenue story if execution is clean. Watch backlog, aviation adoption, and margin flow-through; I like IRDM on weakness, not after a sleepy headline pop.

LITE

LUMENTUM HLDGS INC COM

$1,001.81 -$28.56 (-2.77%)

Lumentum is optical infrastructure, so with no fresh headlines the read is sector-first: watch AI data-center demand, margin recovery, and supply-chain tightness in high-speed transceivers before chasing weakness. I like the setup only if orders and pricing confirm the optical cycle is still accelerating; otherwise this move says wait for a cleaner entry.

LRCX

LAM RESEARCH CORP COM NEW

$299.15 $3.71 (1.26%)

Semicap equipment is the story, and this Derek Lam headline is noise for LRCX. Watch wafer-fab capex, China exposure, and memory/HBM spending because if those stay hot, I like this name on weakness.