To The Moon

$Apple(AAPL)$  I don't think the price action was really about the new product reveals. Macro conditions were rough for AI and semis, and tech overall. Meanwhile, Apple is still a revenue and cash flow monster with relatively little CapEx.

$Advanced Micro Devices(AMD)$ Piper Sandler has initiated coverage on Advanced Micro Devices with an Overweight rating and a $600 price target.

$Apple(AAPL)$  This should move into the green once the new iPhone announcement lands.

$Apple(AAPL)$  Honestly, I do like the stock, though I'm still with Samsung. Once that foldable iPhone comes out, I'll make the switch and go with the, the, the uh... miniature geese?

$Advanced Micro Devices(AMD)$ I bought the dip when it hit the bottom band, but I'm not selling here. Eventually it should break out, and if it pulls back around obvious resistance I'll just add again.

$Apple(AAPL)$ HSBC is staying with a Buy on Apple into the iPhone launch event. Analyst Nicolas Cote-Colisson keeps a Buy rating and a $366 price target. The firm expects an iPhone 18 Pro and Pro Max, the iPhone Ultra, and a new Apple Watch. The iPhone Ultra would be Apple's first book-style foldable, a segment Samsung currently leads. HSBC also expects iPhone prices to go up by at least $100 because of the extra memory costs, and points out that Apple's brand commands high pricing power.

$Advanced Micro Devices(AMD)$ US data center construction spending jumped 57% year over year in July, reaching a record annualized rate of $75 billion. That follows a 46% YoY increase in June and marks the largest YoY gain since mid-2025. Since the start of 2021, US data center construction spending has kept climbing. And yet there are still people out there trying to short AMD.

$Advanced Micro Devices(AMD)$  In the second quarter, Druckenmiller opened a position in Nvidia rival Advanced Micro Devices (NASDAQ:AMD), buying 72,900 shares for a 0.8% portfolio weight. It's clearly not his biggest bet, but it does show some interest in getting exposure to a chip specialist during this phase of the AI story.

$SUPER MICRO COMPUTER INC(SMCI)$ Dell just gave the AI infrastructure space another major signal of validation. Q2 EPS printed at $7.04 versus $4.91 expected, revenue about $47B against $44.9B expected, and the stock moved up roughly 8%. The beat is clearly being driven by AI demand. Barron's even pointed out that Dell's server business is booming on AI infrastructure demand, that SMCI already posted better-than-expected Q4 earnings with a positive full-year outlook, and that Cisco also put up solid numbers tied to AI hardware. This is starting to look like more than a one-company story. It is shaping up as a full AI hardware capex supercycle. If Dell gets rewarded for explosive AI server demand, the market has a weaker case to keep ignoring

$Advanced Micro Devices(AMD)$  $NVIDIA(NVDA)$ $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $Broadcom(AVGO)$ Even if Nvidia has the powerful GPUs, AMD holds the industry's widest high-performance computing portfolio, spanning x86, ARM, FPGA, and GPU. Landing Google's custom ASIC is only a matter of time for AMD, because FPGA will scale into mainstream high-performance computing.