TradingKey

• Marvell shares rose following reported production delays for Nvidia's AI chip architecture. • Investors expect Marvell to capture increased demand for custom silicon and optical interconnects. • Analysts maintain a Buy rating with an average price target of $243.18.

• Benchmark reiterated a buy rating with a $300 price target for Qualcomm. • Qualcomm is in advanced negotiations to acquire AI infrastructure company Modular Inc. • Citi placed Qualcomm on a 30-day downside catalyst watch due to smartphone demand.

TradingKey - On July 6, Eastern Time, the three major US stock indexes diverged as AI hardware stocks rebounded. JPMorgan Chase stated that a trio of positive catalysts is supporting demand for AI infrastructure. The Nasdaq Composite Index recovered its losses from the previous two sessions, the Philadelphia Semiconductor Index rose over 3%, and the Dow turned lower after hitting a new high. As of press time, the Dow Jones Industrial Average fell 0.05% to 52,874.57 points; the Nasdaq Composite Index rose 1.35% to 26,182.40 points; and the S&P 500 Index rose 0.71% to 7,536.62 points.

• Analysts forecast a 28% year-over-year earnings per share increase to $2.73. • Morgan Stanley announced a 15% dividend hike and $20 billion share buyback program. • Wealth management expanded retail access to private market investment platforms.

• AI infrastructure demand drives growth for gas turbines and electrification equipment. • Russell Top 50 Index inclusion triggered significant institutional and passive investment. • Growing order backlogs and cash generation supported increased full-year financial guidance.

• Palantir partnered with Nvidia to advance sovereign AI deployments for federal agencies. • Analysts upgraded Palantir stock following strong revenue growth and increased institutional buying. • The company reported $4.48 billion in annual revenue and high AI platform adoption.

• Analyst price target upgrades are driving investor confidence in Goldman Sachs. • Analysts expect revenue and earnings growth in the upcoming second-quarter report. • Higher market volatility is increasing trading volumes and financing fee revenues.

• BofA Securities raised IBM's price target ahead of the upcoming earnings release. • IBM achieved quantum computing breakthroughs with Oak Ridge and Cleveland Clinic. • IBM and partners announced a strategic collaboration to integrate generative AI in finance.

TradingKey - On July 6, Eastern Time, Dell (DELL) briefly rose to $429.74, returning to an upward trend. As of press time, it was up over 8%. It is reported that Dell computers were recommended to the public, with explicit recognition given to Dell's CEO for his investment support of the heavily promoted "Trump Account" project. Funded with initial seed capital and matching tax incentives provided by the U.S. Department of the Treasury, this children's investment account project is a key livelihood policy introduced by the current administration.

• Intel raised prices on server-grade processors to improve gross margins amid supply constraints. • Wall Street banks increased Intel's price targets based on future artificial intelligence market growth. • Intel's 18A process node advancements and potential foundry partnerships bolster investor confidence in recovery.

• Arm’s AGI CPU architecture demand has doubled amid shifting AI workload trends. • Analysts raised price targets citing Arm's foundational role in scaling AI tasks. • Revenue grew double-digits, supported by a 29% surge in high-margin licensing activity.

• Tesla expanded its commercial Robotaxi service to Miami, following its initial Austin deployment. • Q2 vehicle deliveries exceeded production, reducing inventory levels and surpassing analyst consensus estimates. • Analysts increased price targets citing strong delivery metrics and progress in autonomous technology.

• AstraZeneca partnered with CSPC Pharmaceutical in a deal valued up to $1.77 billion. • Shares declined due to profit-taking, earnings estimate revisions, and regulatory pipeline uncertainties. • Enhertu received European Commission approval for treating HER2-positive metastatic solid tumors.

TradingKey - Samsung Q2 2026 earnings on July 23 are expected to show a 17-fold operating profit surge to ₩86T. Stock at ₩318,000 — up 456% in a year but down 15% from its ATH. Buy the double bottom or wait?

TradingKey - Microsoft (MSFT) has officially implemented a new round of workforce optimization, laying off 4,800 employees across the company with immediate effect on the same day, representing 2.1% of its total workforce, with the gaming business serving as the core area of contraction. The Xbox division is the hardest-hit area of this adjustment, with cumulative layoffs projected to reach 20% by fiscal year 2027, to be rolled out gradually in phases. In addition to the layoffs, Microsoft has simultaneously initiated a review of its gaming assets, with four studios spinning off from its ecosystem: Compulsion Games and Double Fine, acquired in earlier years, will return to independent operations; Ninja Theory and Undead Labs will change ownership; and France-based Arkane Studios is also moving forward with an evaluation of strategic options.

• Visa stock is declining due to profit-taking and broad market sector rotation. • Executives recently sold shares under pre-arranged trading plans near multi-month highs. • Visa maintains strong fundamentals with annual revenue reaching 40.00 billion dollars.

• Broadcom extended its strategic technology partnership with Apple through 2031. • The agreement covers custom ASIC silicon, wireless connectivity, and networking chip supplies. • Broadcom reported annual revenue of $63.89 billion with $23.13 billion in net profit.

• Bernstein upgraded ASML's price target citing strong AI-driven lithography demand. • SK Hynix committed 11.9 trillion won to purchase ASML’s advanced EUV systems. • ASML stock rose amid sector recovery and active share buyback programs.

• Turing adopted AMD AI GPUs for autonomous vehicle model training and development. • Cantor Fitzgerald raised its AMD price target citing strong server and accelerator momentum. • Investor buying increased ahead of the company's scheduled Advancing AI event in July.

• Citigroup predicts TSMC will raise 2026 revenue growth projections in mid-July. • Demand for AI chips and advanced nodes supports TSMC's long-term market position. • TSMC maintains a 70 percent share of the global dedicated foundry market.