Markets Brief

Thursday, July 9, 2026

Last updated 5:08 AM PT

Market Value

$204,908.45

Cost $239,993.08

Day's Gain

$0.00

0.00%

Total Gain

-$35,084.63

-14.62%

AI semis & memory

MU

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$6,315.50
Total Gain %
-9.99%

Qty # 60 · Last Price $948.80 · Value $56,928.00 · Total Cost $63,243.50

AI memory is still the bottleneck: HBM demand, pricing, and data-center capex keep Micron in the game, but after a 225% run the easy money is gone. I’d own it, don’t trade it: buy weakness in pieces, trim rips only if margins roll over or HBM supply loosens, booyah.

AI buildout — fiber, storage, power

SNDK

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$5,503.20
Total Gain %
-24.16%

Qty # 10 · Last Price $1,727.18 · Value $17,271.80 · Total Cost $22,775.00

AI memory and storage are still the battleground, and SNDK is acting like a wounded cyclical even as dip buyers step back into the group. At a 24% drawdown, I would not chase; stay long in pieces only if NAND pricing and AI storage margins keep firming.

Other holdings

AMAT

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$3,308.90
Total Gain %
-10.39%

Qty # 50 · Last Price $570.50 · Value $28,525.00 · Total Cost $31,833.90

Semicap equipment is still a core AI capex lane, and AMAT owns the process-tooling choke points feeding foundry, HBM, and advanced packaging spend. Down 10% with no fresh bad news, I stay long and buy weakness in pieces because margins and backlog matter more than a quiet tape.

AMD

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$1,193.50
Total Gain %
-10.34%

Qty # 20 · Last Price $517.40 · Value $10,348.10 · Total Cost $11,541.60

Semis are heavy, but autonomy customers cutting Nvidia dependence is the kind of share-shift AMD needs to prove the AI story goes beyond data center catch-up. At down 10% in the position, I would not dump it flat at $517.40; buy weakness only in pieces, and demand proof on HBM supply, CoWoS access, and margins.

BE

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$2,331.30
Total Gain %
-23.41%

Qty # 30 · Last Price $254.29 · Value $7,628.70 · Total Cost $9,960.00

AI power is the sector, but Bloom is now a show-me name because Koppelman is questioning the AI supply-chain story and China exposure while Rosen keeps legal risk in the tape. I’d trim strength, stop averaging down, and demand proof on backlog quality, margins, and deliverability before calling the trade back on.

GEV

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$455.75
Total Gain %
-1.67%

Qty # 25 · Last Price $1,070.99 · Value $26,774.75 · Total Cost $27,230.50

That headline is noise for GEV; the real story is grid power, gas turbines, services, and whether capacity can meet demand without margin leakage. At $1070.99 and down 1.67% on the position, I stay long but buy only on real weakness, because this is a scarcity asset in the power cycle.

INTC

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$3,327.49
Total Gain %
-16.75%

Qty # 150 · Last Price $110.24 · Value $16,536.00 · Total Cost $19,863.49

Semis first: the story is capacity scarcity, HBM/CoWoS bottlenecks, and TSM’s tollbooth economics, so Intel needs real foundry wins and packaging pull-through, not AI sympathy headlines. At a -16.75% position, I would hold the core but stop adding until margins and customer commitments prove the turnaround; this is a show-me name, not own-it-don’t-trade-it.

MRVL

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$6,934.10
Total Gain %
-24.95%

Qty # 90 · Last Price $231.71 · Value $20,853.90 · Total Cost $27,788.00

No fresh headlines, no new catalyst: MRVL remains a data-center custom silicon and optical connectivity story, and the whole ballgame is AI order conversion, margins, and scarce CoWoS/HBM-linked capacity showing up in revenue. With the position down 24.95%, this is not a hero add; stay long for AI infrastructure exposure, trim rips, and make management earn the right for Marco to size it bigger.

SPCX

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$123.21
Total Gain %
-29.35%

Qty # 2 · Last Price $148.30 · Value $296.60 · Total Cost $419.81

SPCX is no longer the debut story; below the IPO print, the market is demanding proof that Starlink margins and launch cadence can outrun monster capex. Do not average down blindly with the position already down 29%; wait for real evidence on cash burn, customer concentration, and Blue Origin funding pressure before calling the trade back on.

TSM

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$788.40
Total Gain %
-8.27%

Qty # 20 · Last Price $436.98 · Value $8,739.60 · Total Cost $9,528.00

Semis: TSM is still the AI toll road, with the real fight in CoWoS capacity, HBM attach, capex discipline, and big-customer fab demand. The SVP’s tiny ESPP buy is a sentiment footnote, not a thesis changer; down 8.27%, I’d stay long and buy weakness in pieces, not chase a flat tape.

WDC

Day's Gain $
$0.00
Day's Gain %
0.00%
Total Gain $
-$4,803.28
Total Gain %
-30.38%

Qty # 20 · Last Price $550.30 · Value $11,006.00 · Total Cost $15,809.28

Storage is getting dragged by the chip selloff, but WDC is not fantasy AI silicon: it needs cloud capex, NAND discipline, and data-center drive demand to feed margins. Down 30% in the position, I would buy weakness only in pieces; this is own it, don’t trade it unless memory pricing cracks.

Watchlist

AVGO

BROADCOM INC COM

$388.69 $0.00 (0.00%)

Semis are still about AI custom silicon and networking, and Apple’s $30B chip deal keeps AVGO in the premium lane. I like this name on weakness, but watch Apple concentration, AI capex, optical, CoWoS, and margins.

BE

BLOOM ENERGY CORP COM CL A

$254.29 $0.00 (0.00%)

This is AI power infrastructure, and Sam Koppelman just put the spotlight on the real issue: supply-chain credibility, China exposure, and whether Bloom’s AI demand story is as clean as the stock price says it is. I’d watch management’s response on backlog quality, customer concentration, margins, and sourcing proof; until then, booyah only if the facts back the hype.

CBRS

CEREBRAS SYSTEMS INC COM CL A

$181.72 $0.00 (0.00%)

The AI accelerator trade is still on, but CBRS has to prove its wafer-scale pitch matters as OpenAI and the hyperscalers drag more silicon in-house. Watch margins, customer concentration, and whether demand clears the HBM and power bottlenecks; flat on the day changes nothing, this is a proof-of-scale story.

GLW

CORNING INC COM

$184.03 $0.00 (0.00%)

GLW is a fiber-and-specialty-glass read, so watch optical demand, AI data-center pull-through, and margin discipline before chasing a quiet tape. No fresh headlines means the setup hasn’t changed: I like it only on weakness unless revenue acceleration shows up.

GOOGL

ALPHABET INC CAP STK CL A

$361.92 $0.00 (0.00%)

Mega-cap internet is still a fundamentals game, and GOOGL belongs on the watchlist because Search cash flow funds AI capex while Cloud margin expansion can keep returns compounding. At $361.92 after a flat tape, the setup has not changed: watch ad growth, AI query costs, and capex discipline, because if margins hold, I like this name here.

LITE

LUMENTUM HLDGS INC COM

$707.10 $0.00 (0.00%)

No fresh tape means the setup is optical AI plumbing, not news flow: watch data-center orders, CPO timing, and gross margins as hyperscaler demand pulls on lasers and transceivers. I like the sector, but at $707 flat on no catalyst, the trade is on only if fundamentals confirm, so buy weakness in pieces, don’t chase dead air.

LRCX

LAM RESEARCH CORP COM NEW

$333.15 $0.00 (0.00%)

Semicap equipment is a capex cycle call, and LRCX needs memory spend to broaden beyond AI-driven HBM demand before the setup really sings. No fresh tape today, so watch NAND recovery, China restrictions, and gross margin leverage; I like it on weakness, not a chase at $333.

PLTR

PALANTIR TECHNOLOGIES INC CL A

$132.22 $0.00 (0.00%)

AI software is the battleground, and PLTR’s edge is procurement access plus high-margin government data workflows, not a cute chatbot story. Watch whether profits keep scaling without politics becoming a sales tax; at $132, I like the story but the stock has to prove the multiple.

PWR

QUANTA SVCS INC COM

$666.33 $0.00 (0.00%)

No fresh headlines, so PWR is still a grid-power and utility-capex watchlist name: data centers need electrons and Quanta sits in the toll lane. I like the setup on pullbacks, but at $666 the watch is margins, backlog quality, and utility spending staying hot enough to justify the premium.

Q

QNITY ELECTRONICS INC COMMON STOCK

$142.17 $0.00 (0.00%)

No fresh headlines means no new catalyst, so the setup is sector-first: watch demand durability, pricing power, and whether margins hold at this $142 handle. I like the discipline here, but without news the trade is patience, not chase.

RDDT

REDDIT INC CL A

$195.31 $0.00 (0.00%)

This is an aerospace-defense semiconductor headline, not an RDDT catalyst, so it does not move the Reddit thesis. Watch ad monetization, logged-in user growth, AI data licensing, and margin leverage; I like the platform setup, but the trade is on only with real fundamental acceleration, not borrowed semicap noise.

SIMO

SILICON MOTION TECHNOLOGY CORP SPONSORED ADR

$313.30 $0.00 (0.00%)

Semis are getting AI-multiple oxygen, but SIMO is a NAND controller story, not an Anthropic lottery ticket. Watch NAND pricing, client SSD recovery, smartphone storage design wins, and gross margin; flat tape says the setup has not changed, booyah.