$Applied Optoelectronics(AAOI)$ AAOI has clearly made the decision to manufacture in the USA, and I believe it's the right one. As stated on the call, they will be the largest producer of transceivers in America, and that's what their largest customers want. Doing this requires capex, and if someone doesn't understand that, then that's why the earnings haven't started to flow yet. I'm actually more excited now than I was a few months ago. There are several people on this board who clearly have extensive knowledge in the semiconductor industry and know this sector is set to grow significantly over the next year or two. Ignore the constant negative noise and look at the big picture.
$Applied Optoelectronics(AAOI)$ Q2 2026 recap: the growth story is still about demand vs. capacity. Another record revenue quarter, marking five straight quarters of new highs, while the company returned to non-GAAP profitability. The biggest driver: 800G products are ramping fast, with volume more than doubling QoQ. Demand for high-speed optics and 1.8 GHz CATV products continues to push results higher. The key takeaway: customers want more than AAOI can currently produce. Demand is expected to outpace capacity through mid-2027. Capacity is expanding fast, targeting ~650K monthly units of 800G and 1.6Tb products by year-end. Growth is strong, but execution on the ramp remains the focus.
$SK hynix(SKHY)$ KOSPI closed lower. It opened higher, somewhere between Monday's and Tuesday's ranges, then sold down into Monday's trading range and stayed there the rest of the day. Not the worst session for the exchange overall. SK ended down 10 on no real news. The trading vibes felt off from the start, and the regular session didn't bring any improvement. Institutions were net sellers, which isn't exactly a surprise. Hoping for a better day tomorrow.
$ProShares UltraPro QQQ(TQQQ)$ META and the Fed are putting pressure on TQQQ, and the conflict with Iran isn't helping either. I bought in at 64 because it looked oversold. For now I'm just going to hold my bag and wait for it to get back above 70. Hopefully sooner than later. I've always had good luck with TQQQ, so I'm not too worried.
$Corning(GLW)$ If you are not about to cash out this stock right now, the short-term swings don't really matter. A couple of years down the road, or even sooner, we will see the highs again. The AI expansion is here to stay.
$SanDisk Corp.(SNDK)$ $Micron Technology(MU)$ up 1.3% and $SK hynix(SKHY)$ up nearly 3% today. Huh. It just wouldn't feel like a normal trading day without getting zero relief from the constant short pressure, which mostly only exists during overnight hours and at the open when most people can't or don't trade. It would be nice to actually see a pump when one of the biggest near-term worries for $Alphabet(GOOGL)$ , their capex, works out in our favor, instead of dropping $42 per share for no reason other than algo bots spamming sell all night. See you at 3000.
$SpaceX(SPCX)$ A couple of price levels that wouldn't surprise me if they were hit. First, SpaceX reaching a $1 trillion market cap, which would put the share price at $76. Second, based on some metrics, Tesla could be around $62. And honestly, this seems very plausible.