Dell is up +11% today after Super Micro's record AI server orders boosted confidence across the entire sector.
$DELL has already built a $51.3 billion AI server backlog and raised its own revenue guidance to $60 billion. Its partnership with Nvidia gives it integrated AI infrastructure that larger enterprises are increasingly betting on. Source: Bull Theory
Andy Bechtolsheim wrote Google a $100,000 check before it even had a bank account.
That $100,000 check is worth $15 billion today. Andy Bechtolsheim is a billionaire German-American electrical engineer, investor, and tech entrepreneur. He co-founded Sun Microsystems in 1982 and Arista Networks in 2004. Source: Bull Theory
The SOX semiconductors index has posted just three positive sessions over the past 13 trading days.
While the index is well below its 50-day moving average, it still sits comfortably above the 100-day moving average. The 200-day moving average coincides with the longer-term uptrend, creating an important technical support zone. Until positioning is further reset, expect elevated volatility and erratic price action. Source: TME
At the top 1% of AI-spending firms, AI spend per employee is on track to exceed average software-engineer pay by the end of the year.
Source: Hedgeye
Hyperscaler bond basket: another day, another record wide
Source: zerohedge
From this chart, it seems very clear what the most crowded trade is...
Source: BofA
Tech Insiders are buying at the fastest pace in history 🚨🚨
Source: BofA, Sentimentrader
AI ECONOMICS: The bill for “tokenmaxxing” just came due.
Meta’s employees ran up a staggering internal AI bill in a single month. The number is reshaping how Big Tech thinks about the cost of intelligence.
