$IREN Ltd(IREN)$ $Microsoft(MSFT)$ $NVIDIA(NVDA)$ Microsoft delivery plus NVIDIA validation in the same week is a serious credibility upgrade for IREN. It's getting harder to keep calling it "just a miner with an AI story" after this.
$SUPER MICRO COMPUTER INC(SMCI)$ I've been saying for months that this is massively undervalued, and it can still double from these levels. Revenue and earnings are growing faster than AMD and Dell. Yet SMCI is still trading as a value stock with a PE of 12.68. On a forward PE basis it's at 7.81, roughly a quarter of AMD's and a third of Dell's. Gross margins accelerated by 720 basis points last quarter. The massive growth is still ahead, with 60 billion in open orders. That's more than five quarters of revenue that will be reported. Dell's year-to-date stock gains are 300%, while SMCI is only up 43% YTD. Holding.
$NVIDIA(NVDA)$ It might be worth just tuning out the rest of the market noise and focusing on AI spend and demand. As long as that keeps going up, Nvidia's stock price should follow. The logic feels pretty straightforward.
$Cerebras Systems(CBRS)$ AMD is a partner worth noting here, same as with Cerebras. They also have a big contract with OpenAI, and that feels like another solid signal of what this company is working on. Contracts with AMZN are in the mix too. Say what you want, but to me the setup looks bullish.
$NVIDIA(NVDA)$ For long-term holders, the daily, weekly, even monthly moves really don't mean much with this stock. The yearly chart tells the real story. Some get frustrated when it goes nowhere for 6, 7, 8, 9, or 10 months, but that hardly matters as long as NVDA keeps delivering market-beating yearly returns. It has closed green in 11 of the past 13 years.
$NVIDIA(NVDA)$ The setup shared earlier is now up more than 40%. Now the attention shifts to the 206 area. A clean break and hold above that level would strengthen the bullish structure and keep momentum favoring buyers. From here, it's about confirmation, not prediction.
$NVIDIA(NVDA)$ I went long on MU, STX, WDC, INTC, MRVL, ARM, MSFT, SNDK, and AMZN yesterday, and they are all up more in after-hours alone than what NVDA longs can make in a year. Not really sure why anyone bothers with that one anymore.
$ServiceNow(NOW)$ $Adobe(ADBE)$ $Salesforce.com(CRM)$ $Advanced Micro Devices(AMD)$ The market's been feeling more like a casino lately, driven by algorithms and sector rotations rather than fundamentals. One week chips are the hot trade and software gets dumped; the next week software rallies while chips get crushed. It's a never-ending tennis match with billions of dollars bouncing from one group of stocks to another. Companies can post record earnings, raise guidance, and announce major deals, only to see their shares fall because the algorithms have already moved on. Meanwhile, stocks with weaker res