Markets Brief

Wednesday, May 13, 2026

Last updated 3:04 PM PT

Market Value

$206,250.44

Cost $181,378.71

Day's Gain

$5,968.33

2.98%

Total Gain

$24,871.73

13.71%

AI semis & memory

MU

Day's Gain $
$1,482.00
Day's Gain %
4.83%
Total Gain $
$11,850.20
Total Gain %
58.39%

Qty # 40 · Last Price $803.63 · Value $32,145.20 · Total Cost $20,295.00

Memory is the AI choke point, and Micron’s HBM leverage is real, but a 9x run to an $800B-plus cap means the easy money is gone. I’d stay long core shares, trim a little into this spike, and buy back only on real weakness because this is now about margins, capex discipline, and whether HBM supply stays tight.

NVDA

Day's Gain $
$252.50
Day's Gain %
2.29%
Total Gain $
$570.80
Total Gain %
5.32%

Qty # 50 · Last Price $225.83 · Value $11,291.50 · Total Cost $10,720.70

AI semis are still the leadership group, and NVDA at a record close says the trade is on because demand for accelerators, HBM, CoWoS, optical, and power is bigger than the bears think. Stay long, buy weakness in pieces, and don’t overtrade Jensen’s China-trip headline because the real story is margins and supply staying tight.

Hyperscaler

GOOGL

Day's Gain $
$2,290.50
Day's Gain %
3.94%
Total Gain $
$7,607.16
Total Gain %
14.41%

Qty # 150 · Last Price $402.62 · Value $60,393.00 · Total Cost $52,785.84

GOOGL is catching the AI tape because chips are bouncing, but the real hyperscaler story is Gemini demand, cloud margins, and whether capex turns into durable search and enterprise share. Stay long, buy weakness in pieces, and do not chase a 4% up day unless the next read shows AI monetization widening faster than infrastructure spend.

AI buildout — fiber, storage, power

GLW

Day's Gain $
$827.00
Day's Gain %
4.17%
Total Gain $
$2,610.74
Total Gain %
14.47%

Qty # 100 · Last Price $206.51 · Value $20,651.00 · Total Cost $18,040.26

GLW is an AI infrastructure tollbooth: fiber demand, data-center glass, and power-linked buildout keep the trade alive while margins should improve with scale. Cramer is right in the headline: don’t dump the AI leader on a slip, stay long and buy weakness in pieces.

PWR

Day's Gain $
$39.55
Day's Gain %
1.03%
Total Gain $
$201.22
Total Gain %
5.49%

Qty # 5 · Last Price $773.72 · Value $3,868.60 · Total Cost $3,667.38

PWR is still a grid-and-infrastructure winner, because AI data centers need power, fiber, substations, storage hookups, and utility-scale execution more than hype. At +5.49% on the position I stay long, buy weakness in pieces, and let this one work because the capex cycle is real.

SNDK

Day's Gain $
-$62.27
Day's Gain %
-0.33%
Total Gain $
$2,543.19
Total Gain %
15.63%

Qty # 13 · Last Price $1,447.23 · Value $18,813.99 · Total Cost $16,270.80

Storage is the AI buildout trade today, and Sandisk is acting like the market finally understands that flash capacity, pricing power, and data-center demand are no longer sleepy hardware stories. Up 550% year-to-date and +15.63% in the position, I’d stay long but trim only into vertical strength, because this is still own it, don’t trade it unless NAND margins crack.

AI thematic & data

RDDT

Day's Gain $
$53.10
Day's Gain %
1.16%
Total Gain $
-$335.85
Total Gain %
-6.77%

Qty # 30 · Last Price $154.12 · Value $4,623.60 · Total Cost $4,959.45

RDDT is an AI data asset with a retail-network moat, but today’s headlines are governance and disclosure noise, not a fresh fundamental catalyst. I’d stay long but buy weakness in pieces, because the real trade is licensing Reddit’s corpus into AI while keeping margins clean and platform engagement intact.

Other holdings

AMZN

Day's Gain $
$107.75
Day's Gain %
1.62%
Total Gain $
-$151.88
Total Gain %
-2.20%

Qty # 25 · Last Price $270.13 · Value $6,753.25 · Total Cost $6,905.13

Retail and logistics are the story: Amazon opening its supply chain to outsiders turns fixed fulfillment spend into a higher-utilization services business. I like AMZN here; stay long, because the margin lever is AWS plus logistics monetization, not the noisy eBay-GameStop sideshow.

ASML

Day's Gain $
$303.20
Day's Gain %
3.99%
Total Gain $
$333.80
Total Gain %
4.41%

Qty # 5 · Last Price $1,581.58 · Value $7,907.90 · Total Cost $7,574.10

Semicap equipment: ASML still owns the most strategic chokepoint in advanced chips, and no fresh headlines means the move is positioning around AI capex, not a thesis change. Stay long, but after a 4% day I would not chase here; buy weakness in pieces because EUV demand is still the toll road.

BE

Day's Gain $
$90.70
Day's Gain %
3.23%
Total Gain $
-$127.40
Total Gain %
-4.21%

Qty # 10 · Last Price $289.76 · Value $2,897.60 · Total Cost $3,025.00

Energy tech first: BE is bouncing, but that headline is noise and not a Bloom Energy catalyst, so I’m not upgrading the read off it. At $289.76 with the position still red, I’d stay selective and demand proof on margins, backlog quality, and grid-power demand before adding hard; buy weakness in pieces, don’t chase the pop.

INTC

Day's Gain $
-$22.40
Day's Gain %
-0.27%
Total Gain $
-$474.60
Total Gain %
-5.34%

Qty # 70 · Last Price $120.29 · Value $8,420.30 · Total Cost $8,894.90

Semis are catching a bid, and Intel’s Ohio momentum says the market is starting to pay for domestic fab optionality again, but this is still a capex-heavy turnaround with execution risk all over the margins. I would not chase the rebound; hold the position, buy weakness only in pieces, and make them prove the fabs and foundry customers are real.

NXPI

Day's Gain $
$83.60
Day's Gain %
1.42%
Total Gain $
$50.10
Total Gain %
0.85%

Qty # 20 · Last Price $298.41 · Value $5,968.20 · Total Cost $5,918.10

Autos and industrials are still the tell for NXPI, and with no fresh catalyst I like staying patient because margins and content growth matter more than a one-day pop. At $298.41 after a clean move, I’d own it, don’t trade it, and only add on weakness unless the auto cycle or industrial demand clearly reaccelerates.

Q

Day's Gain $
-$126.80
Day's Gain %
-3.77%
Total Gain $
$140.40
Total Gain %
4.53%

Qty # 20 · Last Price $162.02 · Value $3,240.40 · Total Cost $3,100.00

No fresh catalyst, so this is a portfolio-management call, not a story stock call. With the name still green in the book but down hard today, I’d protect gains and demand cleaner fundamentals before adding.

STM

Day's Gain $
$546.00
Day's Gain %
9.43%
Total Gain $
$376.50
Total Gain %
6.31%

Qty # 100 · Last Price $63.39 · Value $6,339.00 · Total Cost $5,962.50

Semis first: STM ripped, but with no fresh catalyst this looks like multiple expansion and sector beta, not a thesis upgrade. I’d let it work but trim strength if position size is heavy, because auto and industrial demand still need real order momentum before I call this more than a trade.

TSM

Day's Gain $
$50.40
Day's Gain %
0.63%
Total Gain $
-$111.80
Total Gain %
-1.38%

Qty # 20 · Last Price $399.80 · Value $7,996.00 · Total Cost $8,107.80

Semis are the sector and TSM is the tollbooth: AI demand is pulling revenue, profit, and capex higher, with Arizona adding strategic heft but also execution and margin pressure. I like this name here on weakness in pieces, because HBM, CoWoS, advanced nodes, and customer concentration all run through TSM, so own it, don’t trade it.

WDC

Day's Gain $
$53.50
Day's Gain %
1.09%
Total Gain $
-$210.85
Total Gain %
-4.09%

Qty # 10 · Last Price $494.09 · Value $4,940.90 · Total Cost $5,151.75

Storage is still a margin story, and a 50% SSD promo says consumer NAND pricing is not tight enough to get excited. WDC is fine as an other holding, but I would not add on a coupon headline; wait for enterprise demand, AI storage pull-through, and pricing discipline to show up.

Watchlist

AMAT

APPLIED MATLS INC COM

$436.61 $5.41 (1.25%)

Semicap equipment is back in the AI capex slipstream, and AMAT works if wafer fab spend keeps following Nvidia demand into memory, advanced packaging, and foundry tools. Watch the next guide for orders, China exposure, and margin discipline; at $436.61 after a steady up day, I like the setup on weakness, not a chase.

AMD

ADVANCED MICRO DEVICES INC COM

$445.50 -$2.79 (-0.62%)

AMD stays in the AI semi penalty box unless it proves MI-series share gains can scale against Nvidia without crushing margins. Watch hyperscaler orders, HBM supply, and CoWoS capacity; price-target hikes keep the trade alive, but I want fundamentals louder than the hype.

ARM

ARM HOLDINGS PLC SPONSORED ADS

$221.21 $13.29 (6.39%)

ARM is trading like the AI royalty check just got bigger, but the Cerebras chase says SoftBank wants more vertical AI exposure, not just licensing tolls. Watch whether this stays about higher-margin CPU IP leverage or turns into acquisition premium froth; I like the setup, but only on weakness.

AVGO

BROADCOM INC COM

$416.79 -$2.51 (-0.60%)

AVGO is still an AI infrastructure tollbooth, and the dip does not change the setup when analysts are still lifting targets across the chip complex. Watch custom silicon, networking, and VMware margin flow-through; if demand for AI clusters holds, I like this name here on weakness.

CHAT

ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF

$88.58 $4.34 (5.15%)

AI memory is still the battleground, and a one-day DRAM ETF wobble does not kill the bigger capex story if HBM, CoWoS, and power demand stay tight. CHAT up 5% says the trade is on, but I’d watch whether this is real AI infrastructure follow-through or just a hot ETF bounce.

INTC

INTEL CORP COM

$120.29 -$0.32 (-0.27%)

Semis first: Ohio momentum matters because Intel needs foundry credibility, capex discipline, and real customer wins before the stock deserves another leg. Watch milestones, not vibes, because at $120 the trade is on only if fabs stop being promises and start becoming margin-accretive capacity.

IRDM

IRIDIUM COMMUNICATIONS INC COM

$43.09 $1.43 (3.43%)

Satellite connectivity is catching a bid, but with no fresh IRDM headlines the move is momentum, not a thesis change. Watch subscriber growth, equipment demand, and cash conversion; I like the sector tailwind, but I’d make IRDM prove the fundamentals before chasing the pop.

LITE

LUMENTUM HLDGS INC COM

$1,030.37 $38.00 (3.83%)

Optical is still in the AI buildout lane, and without fresh headlines this move looks sector-led, not company-specific. Watch margins, datacom strength, and CoWoS/HBM-adjacent spending signals from hyperscalers; I like the setup on pullbacks, not after a headline-free chase.

LRCX

LAM RESEARCH CORP COM NEW

$295.44 $6.20 (2.14%)

Semicap is acting better, but this LRCX move needs real memory and foundry capex confirmation, not a random auction headline with no read-through. Watch NAND spending, China restrictions, and HBM-driven wafer fab equipment orders; if those firm up, I like this name on weakness.

NXPI

NXP SEMICONDUCTORS N V COM

$298.41 $4.18 (1.42%)

Auto and industrial semis are firming, and NXPI at $298.41 is telling you the cyclical trade is still alive. Watch inventory normalization, auto content growth, and China demand; I like this name on weakness, but without fresh headlines the trade is on fundamentals, not noise.

Q

QNITY ELECTRONICS INC COMMON STOCK

$162.02 -$6.34 (-3.77%)

Healthcare data services are still a show-me group, and with no fresh headlines this drop is price action, not a new thesis. Watch bookings, margin durability, and pharma R&D spending signals before chasing it; I like waiting for a cleaner catalyst here.

STM

STMICROELECTRONICS N V NY REGISTRY

$63.39 $5.46 (9.43%)

Semis are bid, but without fresh STM headlines this move looks sector momentum first and company-specific proof second. Watch auto and industrial chip demand, gross margins, and China/Europe order tone; I would not chase a 9% pop without confirmation.