ASML Holding N.V. is set to release its Q2 FY2026 results before the market opens on July 15, after its shares hit a new 52-week high of $1,959.04 on June 22. Wells Fargo raised its price target to $2,200 from $1,750 while reiterating an “Overweight” rating, and BofA lifted its target to $2,345 from $2,268 while keeping a “Buy” rating. In Q1, ASML posted net sales of €8.8 billion ($10 billion) and a 53% gross margin, while management guided Q2 sales of €8.4 billion ($9.6 billion) to €9 billion ($10.3 billion) and lifted its 2026 net-sales outlook to €36 billion ($41.2 billion) to €40 billion ($45.8 billion). Analysts also expect ASML’s 2027 order book to be fully spoken for by the time the company reports on July 15.

SpaceX is preparing an investment-grade bond sale that could exceed $20 billion, with proceeds largely aimed at refinancing a bridge loan tied to its xAI acquisition that matures in September 2027. Any additional funds would support expansion across Starlink, AI and its rocket business. As of March 31, 2026, the company reported $29.1 billion in long-term debt and about $15.9 billion in cash and equivalents.

IDC’s latest report says Nvidia became the world’s largest data center Ethernet switching vendor by revenue in Q1 2026, with sales of $2.1 billion, up 193% year over year. The report ties the gain to broad hyperscaler adoption of the Spectrum-X platform in AI data centers. Nvidia’s earnings also show data center networking revenue surged 199% year over year to $14.8 billion, helping lift fiscal Q1 2027 revenue to $81.6 billion, with the data center segment accounting for 92%. Analysts’ consensus price target is $303.71, implying about 51% upside from the current price.

Tapestry (TPR) reported fiscal Q3 2026 results on May 7, 2026, with revenue of $1.9 billion, up 21% year over year, and non-GAAP EPS of $1.66, up 62%, topping expectations. The company raised its full-year outlook, projecting revenue of $7.95 billion and EPS of $6.95. Coach sales jumped 31% year over year, serving as the main growth engine. The stock is 7.9% below its 52-week high, but is up 16.8% year to date versus the S&P 500’s 9.2% gain, and analysts’ consensus is “Strong Buy” with a mean target of $166.21, implying 11.4% upside from current levels.

AI chip stocks saw heavy selling globally, with South Korea’s SK Hynix and Samsung Electronics falling more than 12% in a single session, triggering forced liquidations and a wave of leveraged ETF selling. U.S. semiconductors also sank, with the SOXX ETF down more than 7% and SanDisk down more than 12%, Micron off more than 11%, and ARM down more than 7%. A strong U.S. manufacturing PMI print failed to lift sentiment. Markets are focusing on whether AI-related asset valuations can remain sustainable.

Ciena reported Q2 2026 results with revenue and adjusted EPS beating expectations, but its full-year revenue outlook of $6.2 billion to $6.4 billion fell short of analyst forecasts, sending the stock down 13.7% in a single session. The shares are 27.8% below their 52-week high and are up 517.6% over the past year, lagging Lumentum’s 897% gain. Technically, the stock has broken below its 50-day moving average. Wall Street sentiment is moderately positive, with a “Moderate Buy” consensus from 19 analysts and a mean price target of $593.75 implying 29% upside.

Netlist (NLST) filed a new complaint with the U.S. International Trade Commission, accusing Nvidia, Google, Samsung, Supermicro and Broadcom of infringing patents related to HBM and DDR5 memory products and seeking an exclusion order. The move marks the company’s second recent round of legal action and keeps it at the center of intellectual-property disputes tied to AI hardware supply chains. NLST shares rose 12.6% in one session amid the news, following a Q1 revenue surge of 262% year over year to $104.9 million and a return to profitability.

Casey’s General Stores (CASY) reported fiscal 2026 Q4 results with EPS of $4.37, up 66.2% year over year, while net income reached $162.7 million and EBITDA totaled $350.3 million, both well above expectations. The quarter was supported by 5.5% growth in inside same-store sales and a 29.1% increase in fuel gross profit, alongside a 46.9¢ per gallon fuel margin. The company also lifted its fiscal 2027 EBITDA growth outlook to 8%–10% and announced a 14% dividend increase plus a new $1 billion share repurchase authorization. The update was positioned as a clear, fresh and sizeable positive catalyst for CASY shares.

美光科技（MU）于6月22日宣布与AI公司Anthropic达成战略合作，将共同设计AI基础设施并供应高带宽内存（HBM）等关键硬件；同时美光参与Anthropic Series H轮融资。该协议强化美光在AI内存供应链的核心地位，并带来多年期、高可见性的HBM需求。公司将于6月24日发布财季财报，市场预期营收350亿美元、调整后EPS达20.81美元，多家机构维持“强力买入”评级，目标价最高至1750美元。