$Intel(INTC)$ CEO Lip-Bu Tan said he isn't seeing any signs of the AI buildout, or related memory chip demand, slowing down. At an industry conference this week, he noted memory prices have risen somewhere between 5x and 7x. "Last year...I said memory was going to be the big bottleneck and that turned out to be the case and next year is going to be even worse. You cannot have 70%, 80% of your cost coming from memory." $Roundhill Memory ETF(DRAM)$ $Micron Technology(MU)$ $SK hynix(SKHY)$ $SanDisk Corp.(SNDK)$
$Bloom Energy Corp(BE)$ was set up as a long around 207, with support from the MTF cloud and a target near 220. Price held the MTF level and pushed through the flag, so the momentum kept going. The 220 target got hit, partial profits were taken, and stops were moved to breakeven. After that, the move continued toward 229 as price bounced from left-side support, with stops raised to 224 while keeping runners.
$SUPER MICRO COMPUTER INC(SMCI)$ I don't love it, but the thin margins below 11% are clearly holding this back. Forecasting just 11 cents on the dollar isn't strong at the $12B they're doing. That's a big part of why $Dell Technologies Inc.(DELL)$ is doing so much better at 6x the earnings per share. An 11% return on investment is very low in the AI space. Still bullish, target is $55.
$SpaceX(SPCX)$ I am up handsomely on all three of my SPCX positions. I knew those dips would get bought. Dollar cost averaging into this stock for the next 10-50 years.