$Bloom Energy Corp(BE)$ I did my own research and honestly didn't find a single reason to sell right now. My read is OpenAI and Anthropic are slowing down because they're bleeding cash on spending, which could explain why they're delaying going public. But their rivals aren't going to slow down. AI is only going to keep expanding because there's genuine demand to use it to solve massive problems, from cancer research to energy, science, and beyond. The AI race isn't ending. It's just getting started.
$SK hynix(SKHY)$ $SanDisk Corp.(SNDK)$ $Micron Technology(MU)$ This should be interesting to watch. Let's see how low it can go. I'm getting ready to add Hynix if it drops to 165 and MU at 900. Not too worried, they always seem to prop back up. The AI demand story is still alive and well.
$Dell Technologies Inc.(DELL)$ CRM and other software names are starting to see real AI benefits. If Altman and Anthropic decide to hold back, someone else or plenty of others will gladly leapfrog them. We need the data centers either way. Dell will be fine.
$IREN Ltd(IREN)$ My average since April 2025 is 5,000 shares at $6.50. I didn't sell at $75, and I'm not selling now. My price target is $300+. I have time, so no problem.
$Applied Optoelectronics(AAOI)$ Insider Monkey had a piece speculating that Friday's sell off in optical stocks was really just a sector-wide move in sympathy with Marvell falling on questions about its chip deal with Google. The article pointed out that the sell off didn't make much sense since Marvell's optical business was doing fantastic. Their takeaway was that the optical sector sell off was unjustified.
$SK hynix(SKHY)$ KOSPI looks like it had a soft gap close, with price pulling back into the meat of yesterday's trading but not all the way to the close. It bottomed at 6842 and has bounced back 50 points. The overall market is up 86, or 1.2%. Nvidia is close to after-hours highs again, knocking on a 78.6% Fibonacci retrace that has been acting as resistance. Nikkei had been up as much as 1400 points on the day but then dropped almost 1800 points. No clear reason beyond gap closing, same as KOSPI. Over 10% of the QQQ float was short going into the close, as Nvidia was treated like a non-event and many sold after the Nvidia earnings release. That clearly turned out to be a mistake. Nvidia will likely double by next year. Its revenue growth is
$SpaceX(SPCX)$ Still bullish as long as price holds above the previous selling distribution zone. Any retest of that area looks like an opportunity to add to long-term positions. The first wave of FOMO should kick in around $158.
$Applied Optoelectronics(AAOI)$ I was looking for a pullback to either 110, 105 or even 95, with 90 or 82 also possible but less likely. We got the first two, and based on the price action I'm guessing we also see 95. If we do get 95, that's a really good buy for the next ramp up, where I think this makes new highs at 300+. This isn't the end of the Datacenter story, it's just part 1. Any sector or company involved in the buildout is going to do incredible over these next few years.