Jul. 6 at 1:34 AM
MRVL & AMAT vs. PLTR: The AI Shakeout
Semis are taking a breather!
$MRVL (-9.84%) and
$AMAT (-7.35%) are seeing heavy profit-taking as the sector rotates.
$MRVL: The valuation gap is narrowing. Strong fundamentals in AI interconnects are real, but technicals suggest waiting for a base at
$240 before catching this knife.
$AMAT: Equipment demand is long-cycle, not a flash in the pan. I’m eyeing the
$580 support zone for a long-term entry. Don't let the short-term noise shake your conviction in the chip-making supercycle.
$PLTR: Absolute strength! Up 2.84% while others bleed. Software stickiness is the new defensive play in AI. If we break
$135, it's off to the races.
Staying cautious on hardware, leaning into software resilience. What are you buying on this dip?
