Hahaha, Google's profit this quarter beat expectations by more than three times. It's unbelievable!

"Alphabet C (NASDAQ: GOOG) reported earnings per share (EPS) of $9.11 for the second quarter, $6.23 above the analysts' estimate of $2.88. Quarterly revenue was $119.8 billion, versus the market consensus of $116.51 billion."

More Capex has been announced. We’re going to soar, folks. Are you ready?

Alphabet (Google’s parent company) reported Q2 2026 earnings on July 22, 2026. Capital expenditures for the quarter came in at $44.9B, up from $35.7 billion in Q1 2026 — a sharp step-up reflecting continued heavy investment in AI infrastructure (servers, data centers, and networking equipment for TPUs and GPUs).
For context, operating cash flow for the quarter was $39.1B, meaning capex actually exceeded operating cash flow this quarter — a notable signal of how aggressively Alphabet is funding its AI buildout. Heading into the quarter, management had guided toward roughly $175 billion in total 2026 capital expenditures, so this quarter’s spend keeps them on that elevated trajectory.

Thoughts on what this means for SNDK?

Just did a quick search for capex spending from alphabets earnings release - it has been increased and management “warned” that 2027 may require another increase in spending. Well I think this bodes really well for sndk, seagate, western digital and others. I’m happy I held my sandisk and my belief in the company, their products and fundamentals is warranted. Anything I’m missing here? Please let me know as I love to hear from all my other fellow holders.

They are also expecting further increases throughout 2027

Stop asking reditt if you should hold or sell, if ur asking this question your already in deep sh.. to sell. The question you should ask is buy or hold, but yall had few days to buy so just HOLD DAMN

205bn capex from googl…. Last earnings they announced 180-190… so a substantial increase. Let’s see if we fly to the moon. I wrote in my previous post yesterday that the level for lift off , imo, should be 250bn… but 205bn is quoted decent.

So while we all hold our breaths for Google earnings…

Google’s free cash flow fell in Q1 of this year.
If that free cash flow continues to deteriorate is that… bullish or bearish for SNDK?

Does that mean acceleration into capex or a reinforcement that Google and peers are aggressively funding data centers, servers, custom silicon (TPUs), and storage?

Or that stronger FCF (less compression than feared) is a potential slowdown in capex intensity?

What say ye?

I hold Kioxia personally. Both companies are intertwined with each other.

Tonight will be interesting to see how the Asian markets trade.

Google earnings incoming. Good luck to everyone tomorrow!!

Congratulations to the people that bought the dip. SK Hynix is also up about 7% in Korea.

Big earnings coming soon. High volatility alert 🚨

Looks like an identical setup but at -30% from ATHs this time, I’m extremely bullish on SNDK but I’m worried this is not the end of the pullback. I believe we have one more leg down before going back up. NFA DYOD

To the people who sold hundreds of thousands of dollars of this stock, what are your plans?

The recent selloff in the Memory and AI Infrastructure names doesn't tell the real story.

In my view, this was driven by quarterly rebalancing, profit-taking, macro concerns, and leverage—not a collapse in the underlying AI investment cycle.

The fundamentals remain intact.

Based on my analysis, memory manufacturers can currently fulfill only about 70% of demand while demand continues to grow and supply remains constrained. That imbalance is creating extraordinary pricing power, which I call the Memory Tax.

With Alphabet reporting earnings tomorrow, we may be at the first major catalyst for the next phase of the AI trade.

If GOOGL reports higher AI Capex and reinforces its commitment to AI infrastructure, I believe it will set the tone for the rest of earnings season with META, AMZN, AAPL, Seagate, SanDisk, and Western Digital still to come.

I remain incredibly bullish on the Memory and Data Storage companies and selected AI Infrastructure names.

My latest article breaks down exactly why.

🔗 Article:

https://open.substack.com/pub/gremlinsatplay/p/the-memory-and-ai-infrastructure?r=73t3xz&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

Some redemption today. Was nice to finally see. Tomorrow Google reports and we will see about the capex spending. I don’t read charts or adhere to resistance levels. For those who do can you please share where you think this will go? Many thanks!!

Olá pessoal, acabei de ver esta atualização impressionante do Morgan Stanley, divulgada em 20 de julho de 2026. Os analistas apontam que a crise de memória DRAM em data centers está completamente fora de controle. Aqui estão os principais pontos, caso alguém queira discutir:

• A demanda é imparável: Eles têm monitorado os proprietários de data centers, e a procura por hardware de IA não está diminuindo. Todo mundo continua comprando tudo o que consegue encontrar.
• Os preços estão nas alturas: Os preços dos chips de memória subiram pelo menos 25% neste trimestre em comparação com o anterior, superando todas as previsões antigas. Para vocês terem uma ideia, os preços da memória RAM DDR5 aumentaram quase 4,5 vezes no último ano.
• Os provedores de nuvem estão desesperados: A escassez é tão grave que as grandes empresas de nuvem estão pagando bônus exorbitantes para furar a fila e receber os chips com 6 semanas de antecedência.
• O gargalo final: A falta de memória é oficialmente o maior obstáculo para a IA no momento, logo atrás da energia e do espaço físico. As fábricas estão direcionando tanto o foco para memória de alta largura de banda (HBM) que a DRAM comum para PCs e celulares também está se tornando escassa.
• Longe de estar resolvido: Eles atualizaram suas previsões e espera-se que esse gargalo na oferta se prolongue e piore ainda mais até 2027 e 2028.

He also said the memory shortage is actually deepening. Citing meetings last week with data center procurement managers, Moore said the intensity of the memory shortage shows "no signs of easing at all." He said memory prices in the third quarter are expected to rise at least 25% from the prior quarter on a like-for-like basis, exceeding forecasts not only at Morgan Stanley but also at other securities firms.

He also expected the shortage to continue over the long term. "More importantly, long-term concerns that memory shortages will intensify in 2027 and 2028 remain stronger than ever," he said. "Memory is not sufficient relative to AI demand, and we do not see that trend reversing."

https://biz.chosun.com/en/en-finance/2026/07/21/RB3BDAAHS5D2ZHUBFS37X4YNNQ/

Give me your raw unfiltered thoughts on my holding.
I'm a big believer in memory and think sandisk has a great future, that's why l've exposed myself to SNXX.
But never been in leveraged stocks til recently, but l'm coming from crypto so l can handle the volatility. Just not so well seasoned with leveraged stocks, all the fundamentals, community sentiment and raw data on the company look great I just wanna know more about community sentiment from you guys and how you're feeling about sandisk in the short term

So this is conviction huh
Held, prayed and cried. Plenty of emotions

In 2 weeks it will be more tears, screams and plenty of jumping for joy.

Let us all pray 🙏 tomorrow will be another glorious day

Sk hynix lost 10% from open, it was going down whole pre market today and its rising like nothing and its before big event today so its really suprising me

Buy the Dip? UBS Sees Buying Opportunity in Chip and AI Stocks

Following weeks of steep losses across semiconductor and artificial intelligence stocks, UBS believes the sell-off in momentum shares is reaching its end. While hedge funds have slashed their positions and short interest has climbed to record highs, indicators are pointing toward a potential turnaround.

Weeks of Heavy Selling Weigh on Tech

According to reports from Bloomberg, the sharp downturn in AI and chip stocks may be drawing to a close. Momentum equities have been under heavy pressure since mid-June, with many falling by double-digit percentages—and high-fliers such as SK Hynix and SanDisk dropping as much as 40% from their peak levels.

Investors pulled back to lock in gains after a massive AI rally, driven by growing skepticism over stretched valuations and the heavy capital expenditure (capex) commitments of big tech hyperscalers. Capital rotated out of tech into banks, industrials, and traditional cyclical sectors.

Hedge Funds De-Risk at Record Levels

Institutional positioning became exceptionally defensive:

• Record Short Interest: S&P 500 short interest rose to 3.79% of float—the highest level recorded since data collection began in 2010. For the Russell 3000, short interest surged to a record 6.3%.
• Massive Unwinding: UBS Prime Brokerage data shows hedge funds reduced long momentum and semiconductor exposure by roughly 5% of total market value, marking one of the largest position cutbacks in recent years.

UBS Strategy: A Measured "Buy the Dip"

Because of the massive unwinding, net long exposure in semiconductor and software stocks has reverted to levels last seen in April.

Michael Romano, Head of Hedge Fund Equity Derivatives at UBS, sees this setup as a signal to start rebuilding positions—though he advises a gradual, phased approach rather than buying all at once:

UBS estimates that the momentum unwind could wrap up by the end of July. Romano added that if market sentiment shifts, it could trigger a sharp upward squeeze: "When sentiment turns, I expect an upside liquidity squeeze."

What’s Next for the Market?

Whether this rebound sparks a broad market rally or draws capital back out of recently outperforming sectors (like banking and industrials) will depend heavily on the current earnings season. If Big Tech delivers solid results and validates high AI expectations, the tech sell-off could come to a halt much faster than expected.