President Trump, On Social Media, Announces U.S. Secures Offtake Commitment From Taiwan For $70B - $80B For Alaska LNG; Taiwan To Also Invest $4.4B In Alaska LNG Project As Equity
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Taiwan's export orders surged 59.4% to a record $95.26 billion in June, confirming the Nvidia-led AI supercycle. The Taiwan ETF is up 56% in 2026.
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-Reuters
ASML says chipmakers have accepted higher equipment prices as AI demand strengthens its bargaining power
Dell stock plunged 11% after a Barclays downgrade, but CEO Michael Dell predicts strong AI infrastructure growth through 2030.
Applied Materials and Intel represent different points in the semiconductor supply chain. Applied Materials reported strong fiscal 2025 results with $28.4B revenue, 24.7% net margin, and $5.7B free cash flow, with Q3 2026 showing 25% revenue growth. Intel faced challenges with negative free cash flow in 2025, a $12.5B noncash charge in Q2 2026, and significant shareholder dilution from $23B in new stock sales. The analyst favors Applied Materials as the better buy but recommends dollar-cost averaging due to cyclical industry risks, while Intel's turnaround depends on its unprofitable foundry business becoming profitable.