YES....I know tomorrow is NOT Friday....but it is the last market day this week due to the 4th of July holiday. Here is the red across the board averages and market today.....for what it is worth. Dow closes little changed after touching record; Nasdaq slides to start July https://www.cnbc.com/2026/06/30/stock-market-today-live-updates.html
A CLASSIC tale of......WOE. Chip stocks that notched record rallies in second quarter start Q3 with a dud https://www.cnbc.com/2026/07/01/chi...lies-in-second-quarter-start-q3-with-dud.html
Few talk about Google AI but they should. Nobody talks about Meta AI. Meta has more pieces of the puzzle than any other single player, except Google. The future likely belongs to one of these two companies. Curiously, neither need nVidia. They might chose to partner with nVidia but only if they want to. Long term, I don't see it. I've been studying this for a few years. There is an 8% shortage in some supply chain line item and suddenly nobody can get any product at all? We've seen this regularly and with increasing frequency. It's more than a little suss. If the regulators were 10x smarter, they might have a chance of putting together a case. I apologize to regulators for thinking they are partisan morons with little legal focus or the integrity to morally shepherd society. I don't know what the plaintiffs know but I fail to see how they can possibly get this certified. It seems like a Cinderella story. If they can pull that rabbit out of a hat, how can they possibly get meaningful discovery? SK Hynix shares production information that seems meaningful but isn't. How much DRAM leaves their shipping docks? We don't know and they won't tell us. I can't imagine SK Hynix being compelled to reveal this information, even if ordered. What action can the court take? Stop SK Hynix from selling product into the American market? If a judge threatens a fine, SK Hynix could just pull out of the American market. The power base in that court room will be 100% with the defendants. So, we don't know how much product they make. We mostly don't know how it moves through channels. It's possible to get anecdotal data from a couple of large US vendors but that's not enough. We don't even know the ratio of commercial versus retail kits versus IC parts. Samsung is the same. Micron doesn't publish any production data. They provide loose guidance on future production to their shareholders but it is tremendously vague and doesn't seem relevant to this case. The data isn't there. If this class moves forward, it will be theater. Perhaps this theater will be relevant to investors, for a while.
