Dell Technologies

Micron up 6.9%.

Dell up 6.9%.

sand disk up 6.4 taiwan semiconductor up 6.1 that's the bounce that's taking place this morning i would not want to be on the short side of the semiconductors because eventually you're going to get run over by a steamroller if you're on the short side why do i say that Well, I made a point yesterday that during my 27 years in the business, I would say that the semiconductor sector on average has at least four corrections a year of 10% or more.

I don't have any actual numbers, but that's just kind of my memory of things.

Wow.

Dell and Ciena fell 15%.

Coherent dropped 13%.

Vertiv down 14%.

Companies around the world are drawn to the prospect of nearshoring to Mexico, partly because of big tax breaks.

Tesla, Unilever, Bombardier, Dell, and BYD have all announced plans to open facilities there.

Business has been going well.

In the first half of 2024, foreign investment reached a record $31 billion.

Stock Trading In the first three months of this year, President Trump's brokerage accounts placed more than 3,600 trades, and some of those trades appeared to be well-timed.

In February, nine days after Mr. Trump's account executed a purchase of more than $1 million in Dell stock, the President praised the company and its founder, Michael Dell, at an event in Georgia.

The Pentagon later announced a $9.7 billion contract with Dell.

There's no indication that the contract was related to the president's stake in the company, and the trade represented a small fraction of his overall investment portfolio.

The Trump Organization has said that the president and his family have no ability to direct the trading, all of which is controlled by outside brokerage firms.

That said, we do have a significant rebound in some of the most beaten down names.

Dell is up about 7.5% after watching its stock down, what, 40% in

a month? Dell and AMD, the two best quarters.

So those are the ones.

AMD shares a rebounding of the tune of about 10%.

Micron up 6.9%.

Dell up 6.9%.

sand disk up 6.4 taiwan semiconductor up 6.1 that's the bounce that's taking place this morning i would not want to be on the short side of the semiconductors because eventually you're going to get run over by a steamroller if you're on the short side why do i say that Well, I made a point yesterday that during my 27 years in the business, I would say that the semiconductor sector on average has at least four corrections a year of 10% or more.

I don't have any actual numbers, but that's just kind of my memory of things.

So it wiped out all the gains from the day before and the time before.

But the thing that it's being attributed to, at least in part right now, is these big tech companies, these AI companies, NVIDIA, Dell, Cisco, Nebius, all these companies are down as of yesterday.

And the word is it's because of fears about these data center moratoriums and basically the stand that some of these newly elected Democrats on Tuesday night might be taking or they might have promised in their campaign speeches and on that trail, you know, as far as data centers and AI goes.

So these companies are kind of shaky this morning.

So it wiped out all the gains from the day before and the time before.

But the thing that it's being attributed to, at least in part right now, These big tech companies, these AI companies, NVIDIA, Dell, Cisco, Nebius, all these companies are down as of yesterday.

And the word is it's because of fears about these data center moratoriums and basically the stand that some of these newly elected presidents, Democrats on Tuesday night might be taking or they might have promised in their campaign speeches and on that trail, you know, as far as data centers and AI goes.

So these these companies are kind of shaky this morning.

Intel's down 43% in the last three months.

Dell's down 27%.

SanDisk, 32%.

Pied Materials, 36%.