Markets Brief

Thursday, May 7, 2026

Last updated 5:03 AM PT

Market Value

$151,762.65

Cost $135,392.96

Day's Gain

$0.00

0.00%

Total Gain

$16,369.69

12.09%

AI semis & memory

MU

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
$6,368.60
Total Gain %
31.38%

Qty # 40 · Last Price $666.59 · Value $26,663.60 · Total Cost $20,295.00

Memory is the AI bottleneck now, and IDC is saying the old boom-bust bear case is breaking because HBM demand, pricing power, and data-center supply tightness are all working for Micron. Stay long, own it don’t trade it, but after a 31% position gain I’d trim only if the move gets euphoric instead of selling the core.

NVDA

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$329.20
Total Gain %
-3.07%

Qty # 50 · Last Price $207.83 · Value $10,391.50 · Total Cost $10,720.70

AI semis are back in leadership, and Nvidia being called out on fresh market highs says the trade is on as long as hyperscaler capex keeps feeding HBM, CoWoS, optical, and power demand. Position is only down 3%, so I stay long and buy weakness in pieces: own it, don't trade it.

Hyperscaler

GOOGL

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
$6,920.16
Total Gain %
13.11%

Qty # 150 · Last Price $398.04 · Value $59,706.00 · Total Cost $52,785.84

Hyperscaler leadership is still the story: Google has the AI demand, the ad cash flow, and the cloud scale to fund capex without blowing up margins. At $398 after a 13% position gain, I’d stay long but trim only if the AI capex narrative stops converting into cloud growth; otherwise own it, don’t trade it.

AI buildout — fiber, storage, power

GLW

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
$650.04
Total Gain %
4.68%

Qty # 80 · Last Price $181.57 · Value $14,525.60 · Total Cost $13,875.56

GLW is squarely in the AI infrastructure supply chain now, with Nvidia’s Corning investment validating optical as a real bottleneck alongside power, HBM, and CoWoS. I like this name here because capacity expansion tied to scarce optical components gives Corning a margin and demand story beyond sleepy glass.

PWR

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
$258.82
Total Gain %
7.06%

Qty # 5 · Last Price $785.24 · Value $3,926.20 · Total Cost $3,667.38

AI infrastructure is still the sector call, but this headline is just a wrapper event, not a demand signal for Quanta’s power, fiber, or grid backlog. Stay long PWR, own it don't trade it, because the real thesis is utility-scale electrification and data-center capex, not CDR plumbing.

SNDK

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
$2,515.00
Total Gain %
21.71%

Qty # 10 · Last Price $1,409.98 · Value $14,099.80 · Total Cost $11,584.80

Storage is the AI toll road now, and Cramer is right to put SanDisk in the market-decider bucket because SSD demand, HBM spillover, and data-center capex are all pulling the same way. Up 21.71%, I would stay long but trim a little strength here, because memory rallies get violent when pricing turns and customer budgets shift.

AI thematic & data

RDDT

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
$37.35
Total Gain %
0.75%

Qty # 30 · Last Price $166.56 · Value $4,996.80 · Total Cost $4,959.45

Internet platforms first: Reddit is tightening the funnel while Google is explicitly pulling Reddit into AI answers, and that makes the data asset more valuable. I like RDDT here for the AI thematic, but buy weakness in pieces because login friction can juice monetization and still annoy users.

Watchlist

AMAT

APPLIED MATLS INC COM

$428.62 $0.00 (0.00%)

Semicap equipment is still about wafer-fab capex, China controls, and AI-driven foundry spend, not a panic trade on Iran headlines. Infineon CFO Sven Schneider says no material shortage risk, so for AMAT the watch is whether logic/foundry orders and memory tool demand keep margins moving higher.

AMD

ADVANCED MICRO DEVICES INC COM

$421.39 $0.00 (0.00%)

AMD has no real stock-specific headline here, so the setup is unchanged: watch AI GPU traction, MI300/MI350 customer concentration, and whether margins can expand without chasing Nvidia on price. At $421, I would not chase a flat tape on no catalyst; buy weakness in pieces only if the data center story keeps proving out.

AVGO

BROADCOM INC COM

$425.44 $0.00 (0.00%)

Semis need a fresh catalyst here, and with no new AVGO headlines the setup is all about AI networking, custom silicon demand, and whether margins stay elite while infrastructure spend stays hot. I like the name on weakness, but at $425 with no fresh news the trade is patience, not chase.

CHAT

ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF

$85.87 $0.00 (0.00%)

No fresh headlines means no catalyst, so the software trade is just marking time here. Watch revenue durability and margin leverage next print; without a clear enterprise AI demand signal, I would not chase CHAT at $85.87.

LITE

LUMENTUM HLDGS INC COM

$944.28 $0.00 (0.00%)

LITE is an optical picks-and-shovels watchlist name, and the AMD data-center beat says AI capex is still pulling the whole supply chain higher. Watch demand for high-speed transceivers, customer concentration, and whether margins expand with volume; if those line up, the trade is on.

PLTR

PALANTIR TECHNOLOGIES INC CL A

$133.79 $0.00 (0.00%)

Software and AI analytics are in show-me mode, and PLTR beating Q1 revenue and profit still getting sold tells you expectations were too hot. Watch commercial growth, government deal cadence, and margin durability; I like the story, but the trade is on only if the multiple cools or the next print proves AI demand is turning into real operating leverage.

WDC

WESTERN DIGITAL CORP COM

$483.15 $0.00 (0.00%)

This tape is giving you a bad read: the headline is mining and critical minerals, not Western Digital, so I would not change the WDC setup off this print. For WDC, keep the focus on NAND pricing, cloud storage demand, and margin expansion after the cycle turn; that is where the trade is on.