TradingKey

• Reduced capital expenditure by chipmakers is pressuring KLA Corporation’s equipment demand. • Regulatory uncertainties regarding international trade restrictions create significant volatility for the industry. • High interest rates and analyst forecast adjustments contribute to the current stock decline.

• Tightening crude oil markets and rising prices have increased ExxonMobil’s profit margins. • Strong operational execution in the Permian Basin and Guyana supports current growth targets. • Analysts maintain buy ratings with an average price target of $166.86 per share.

TradingKey - On July 13 (ET), Intel (INTC) shares fell to a nearly one-month low, dropping 4.29% to $105.13 as of press time. Intel's competitor TSMC (TSM) released its June revenue data, showing that monthly consolidated revenue reached NT$442.68 billion, a significant year-on-year increase of 67.9%. For the first six months of the year, TSMC’s cumulative consolidated revenue totaled approximately NT$2.40 trillion, up 35.6% compared to the same period last year.

TradingKey - Costco (COST) stock has pulled back as comparable sales growth slowed and a new lawsuit added to investor concerns. Explore the latest Costco stock forecast, analyst price targets, technical levels, membership strength, and key catalysts before earnings

• Higher US Treasury yields widened the interest rate differential against the Swiss franc. • The Swiss National Bank maintains a dovish stance to combat ongoing disinflationary pressures. • Reduced demand for safe-haven assets supports capital rotation into dollar-denominated growth investments.

TradingKey - On July 13, Eastern Time, spot gold fell by more than 2%, trading at [price] as of press time. According to reports, U.S. President Trump stated on social media: "We are going to take over the Strait of Hormuz, and Iran has nothing." Specifically, President Trump stated that the Strait of Hormuz is open and will remain open with or without Iran. He announced the resumption of the "Blockade Iran" operation, so named because it only prevents Iranian vessels or customers from entering or exiting. All other countries will have fair and open use of the strait. From now on, the United States will be known as the "Guardian of the Strait of Hormuz." As the guardian, and based on the principle of fairness, the U.S. will charge a 20% fee on all cargo shipments to compensate for all costs required to provide safety and security for this volatile region of the world. Relevant procedures and organizational work will commence immediately. Thank you for your attention to this matter!

• Geopolitical export regulations create uncertainty regarding future revenue trajectories for Lam Research. • Reduced capital expenditure by chipmakers signals a potential slowdown in memory market equipment demand. • Broader sector rotation and declining earnings forecasts contribute to downward pressure on stock valuation.

• Declining equipment orders from major foundries pressure Applied Materials' stock performance. • Geopolitical trade and export regulation risks create valuation volatility for the company. • Rising interest rates and sector-wide capital expenditure caution compress valuation multiples.

• Intel faces cooling PC demand and high capital requirements for AI infrastructure development. • Investors are concerned about manufacturing yield rates and production timelines for 18A nodes. • Intensifying competition and ARM-based silicon adoption pressure Intel’s data center market margins.

• AMD faces downward pressure due to semiconductor sector volatility and macroeconomic concerns. • Concerns regarding AI capital expenditure slowdowns and competition impact investor sentiment. • Analysts maintain a buy rating with an average price target of $510.16.

• Improved industry memory production yields reduce supply shortages and pressure premium pricing. • Sluggish consumer hardware demand raises inventory concerns for standard DRAM and NAND products. • High capital costs and geopolitical trade risks negatively impact Micron’s valuation and sentiment.

TradingKey - Amazon’s AWS grew 28% in Q1 2026, its fastest pace in 15 quarters. EPS beat by 69%. But free cash flow collapsed to $1.2B on $200B capex. At $245 with Q2 earnings July 30, the 0.5 Fib is the level to watch this week.

TradingKey - As the second-quarter earnings season for U.S. bank stocks officially commences, JPMorgan Chase (JPM), Citigroup (C), Bank of America (BAC), Goldman Sachs (GS), and Wells Fargo (WFC) are scheduled to release their Q2 results on July 14.

TradingKey - Over the past week, the focus of competition in the AI industry has shifted from "performance" to "price." From Elon Musk's SpaceXAI (SPCX) to OpenAI and Meta (META), the three giants released their next-generation AI models in quick succession. This time, however, the competition is not just about who is "smarter," but also about who is "cheaper."

TradingKey - Meta launched Meta Compute to compete with AWS and Azure, confirmed its Iris AI chip enters production in September, and rose 15% on the week. At $669 breaking out of a symmetrical triangle, the week ahead’s trigger is $691. Q2 earnings July 29.

TradingKey - On July 13, Eastern Time, the three major US stock index futures fell collectively in pre-market trading. As of press time, Nasdaq 100 Index futures were down 0.83%, S&P 500 Index futures dropped 0.26%, and Dow Jones Index futures declined 0.03%.

TradingKey - AMD launches Zen 6 Venice on July 22 at Advancing AI 2026. Citi says expect industry-shaking announcements. Stifel raised to $635. Helios rack-scale is Meta’s Nvidia alternative. At $539, the $557.70 trigger is the week-ahead watch level.

TradingKey — On Monday, Meta (META) announced an additional $40 billion investment in the Hyperion data center in Louisiana, bringing the total investment for the project to over $50 billion and making it one of the largest AI infrastructure projects in the world.

TradingKey - The global semiconductor industry is experiencing an unprecedented price storm, as the wave of price hikes spreads from advanced processes required for AI chips to mature nodes. TSMC (TSM) plans to raise foundry prices for mature processes starting in January 2027, marking its first price adjustment for mature nodes in over three years.

TradingKey - On July 12, ET, as mainstream investment banks raised their 2026 S&P 500 price targets to the 7,500–8,100 range, James E. Thorne, Chief Market Strategist at Wellington-Altus Private Wealth, issued an even bolder long-term forecast: the S&P 500 is expected to hit the 14,000-point mark within the next five years (by 2031), nearly doubling from its current level of approximately 7,500.