🟢 Sandisk $SNDK +501% 🟢 Intel $INTC +213% 🟢 Seagate $STX +187% 🟢 Western Digital $WDC +171% 🟢 Micron $MU +153% 🟢 Lumentum $LITE +147% 🟢 Ciena $CIEN +140% 🟢 Dell $DELL +130% 🟢 Corning $GLW +117% 🟢 AMD $AMD +111%

Ben Reitzes of Melius Research raised PTs most on Micron Technology and SanDisk, citing long-term agreements and memory as a key AI bottleneck, with valuation multiples likely expanding toward HDD peers as AI demand stays strong.

BREAKING: Leopold Aschenbrenner just disclosed a new $1.57B PUT position on NVIDIA $NVDA. He has a total of $8.45B in new puts against tech and semiconductor stocks. Leopold Aschenbrenner previously turned $250 million into $1.48 billion on SanDisk in 8 months. Time to sell?

President Trump may be the BEST TRADER ON WALL STREET right now. New ethics filings show GAINS OVER 100% on AMD, INTEL, BLOOM ENERGY, MARVELL, SEAGATE and SANDISK. Trump's Q1 disclosure shows 3,700+ TRADES, up to $750 MILLION in volume, MORE THAN 40 TRADES PER DAY. He bought NVIDIA, ORACLE, APPLE, MICROSOFT at $1M–$5M each. And sold MICROSOFT, AMAZON, META up to $25 MILLION each. This is capitalism with executive access.

Here are the current largest holdings in the $DRAM Memory ETF SK hynix: 27.7% weigthing Micron $MU: 26.4% Samsung: 20.1% Kioxia: 5.3% Sandisk $SNDK: 5.3% Seagate $STX: 4.8% Western Digital $WDC: 4.2% Nanya Technology: 3.3% Winbond Electronics: 1.9%

The most cyclical stocks appear very cheap during peak cycles. But does that mean we are at a peak? $MU Micron Technology 9.8x $A005930 Samsung Electronics 6.5x $A000660 SK hynix 4.3x $SNDK Sandisk 10.8 $WDC Western Digital 35.3x $STX Seagate Technology 27.6x $P Everpure 29.4x

MARKETS CLOSE MIXED AS MEMORY CHIPS TUMBLE AND OIL HOLDS NEAR THREE-YEAR HIGHS Today's tape: - Dow: +0.32% - S&P 500: -0.07% - Nasdaq: -0.51% The damage was concentrated in chips after Seagate $STX CEO told a JPMorgan conference new factories would "take too long" to meet AI demand, per CNBC. The sector wipeout: - Seagate $STX: -7% - Micron $MU: -5% - Western Digital $WDC: -5% - Sandisk $SNDK: -5% - Nvidia $NVDA: -1% - Broadcom $AVGO: -1% Meanwhile, oil stayed bid: - WTI: +3% at $108.66 - Brent: +2% at $112.10 The 30-year Treasury yield is still hovering near its highest level in a year. The S&P 500 and Nasdaq both hit fresh record highs just last week.

DAVID TEPPER JUST DOUBLED HIS AMAZON POSITION AND EXITED EVERY US AIRLINE Here are their updated largest holdings and every move they made in Q1 2026: Top 10 holdings: 🥇 Amazon $AMZN: $900M (+98% shares) 🥈 Micron $MU: $562M 🥉 Alphabet $GOOG: $497M 4. Uber $UBER: $456M (+242% shares) 5. Taiwan Semiconductor $TSM: $449M 6. Alibaba $BABA: $435M 7. Vistra $VST: $304M (+114% shares) 8. iShares MSCI South Korea $EWY: $295M 9. NVIDIA $NVDA: $257M 10. NRG Energy $NRG: $253M New positions: - Sandisk $SNDK: $179M Biggest adds: - Uber $UBER: +242% shares - Vistra $VST: +114% - Amazon $AMZN: +98% - iShares South Korea $EWY: +28% - Baidu $BIDU: +20% - Taiwan Semiconductor $TSM: +18% - Micron $MU: +11% Biggest trims: - Deutsche Bank: -92% shares - Microsoft $MSFT: -82% - KraneShares China Internet $KWEB: -77% - $JD: -69% - Qualcomm $QCOM: -56% - UnitedHealth $UNH: -55% - Whirlpool $WHR: -50% - PDD Holdings: -49% - Alibaba $BABA: -33% - L3Harris $LHX: -33% - AMD $AMD: -32% - RTX $RTX: -32% Full exits: - American Airlines $AAL: $217M - Owens Corning $OC: $106M - Mohawk Industries $MHK: $74M - Micron $MU calls: $71M - IQVIA $IQV: $63M - United Airlines $UAL: $52M - iShares China Large-Cap $FXI: $42M - Delta Airlines $DAL: $33M - Goodyear $GT: $22M The rotation: out of US airlines, China internet, and select industrials. Into Amazon, Uber, Vistra, and South Korea.