hectic

i think investors are getting a bit more cautious as seen by NVDA’s fall and the weakness in memory stocks which suggest the AI trade may not be as straightforward as before. adding on CXMT’s debut to add more pressure and the market may now be looking more closely at who can still hold margins and pricing power.

$Intel(INTC.US)

Semis look to be recovering after a much needed reset, and Intel can finally benefit if the broader chip tape keeps improving into earnings week. The stock still has to prove that the turnaround is real, but the setup is better than it was a few weeks ago because investors are starting to reward names tied to AI infrastructure, server demand, and manufacturing execution again. Intel reports Q2 results on July 23, with revenue expectations around $14.3 billion to $14.4 billion and a key focus on gross margin, guidance, and whether management can show real progress on its foundry and product ramp.

What makes this interesting is that Intel does not need perfection to move higher, it just needs to show the story is continuing to improve. If guidance holds up and the company can point to stronger server CPU demand, better yields, and steadier execution, the market may start treating Intel less like a underperformee and more like a rebuilding beneficiary of the same AI spending wave lifting the rest of semis. The main risk is that expectations are already elevated, so any margin miss or weak outlook could quickly cool the relief rally.

semis look to be recovering after a much needed and will continue to rise as long as AI spending signals from TSLA and GOOGL support the story. NVDA’s production momentum will help to seal the deal and drive these stocks upward