Nvidia GTC is 3 days in. what nobody is talking about: the $1T in AI capex announced over the next 18 months has to hit ROI somewhere. AWS, Azure, GCP are all pricing AI workloads the same way they priced cloud in 2012. the bill comes later.

"Escalating memory chip costs are forcing manufacturers into difficult pricing choices" ... Jay Goldberg, Seaport Research Seaport cuts $QCOM to Sell with a $100 target, the most bearish call on the Street right now. That implies ~23% downside from Friday's close at $129.82.

"I appreciate the fact that it is a multiyear journey that will run through 2029" ... Hock Tan, Broadcom CEO $AVGO Q1 FY2026: $19.3B revenue (+29% YoY), $2.05 adj EPS vs $2.03 est. Custom AI accelerators up 140% YoY, networking revenue up 60% YoY. 6 hyperscaler ASIC customers

"For Applied, we expect to grow our semiconductor equipment business more than 20% this calendar year" ... Gary Dickerson, Applied Materials CEO BofA's Vivek Arya raised $AMAT to $420 from $350 after Q1 crushed it: $7.01B revenue (beat $6.88B), $2.38 EPS (beat $2.21), 49.1%

Blayne Curtis at Jefferies maintained Buy on $KLAC, adjusted PT to $1,700 from $1,850. Conviction intact, just resized. KLAC Investor Day was March 12. Q2 results were a blowout: $3.3B rev, 62.8% gross margin, 43.6% operating margin. DBS Bank also moved to Moderate Buy around

KeyBanc's Vinh raised $MU PT to $450 from $325, citing AI compute and infrastructure demand. MU ripped +5.13% Friday and is up +15% over 5 days. Morgan Stanley named it their top semi pick for 2026, calling this the most severe DRAM/NAND shortage in three decades. One caution:

Goldman's Bruce Lu: demand for AI "tokens" growing exponentially, keeping advanced-chip demand ahead of supply. GS lifted $TSM ADR target to ~$370-375. Lu bumped '26/'27 EPS by 9-15%, sales projected +30%/+28%. Monthly revenue jumped 37%, outpacing TSMC's own 30% growth target.

"We see NAND and DRAM prices inflating 30-50%, expanding gross margins to 68% in Q2... Micron has established a Memory Fortress, with high-end capacity sold out for remainder of calendar 2026" ... Matt Bryson, Wedbush Wedbush's Bryson just slapped the highest PT on the street

"AI-driven upside and improved long-term visibility... margin concerns have eased, networking outperformed, and FY27 AI potential remains significant" ... Joseph Moore, Morgan Stanley Morgan Stanley's Joe Moore bumped $AVGO to $470 from $462 post-Q1, but the real juice was his

"We expect AMD to beat consensus estimates and raise guidance, supported by healthy server demand and continued CPU market-share gains" ... Srini Pajjuri, RBC Capital RBC's Pajjuri reiterated Sector Perform on $AMD at $230 today (Mar 16). That's a lukewarm call on a stock

"Purchase orders between Blackwell and Vera Rubin to reach $1 trillion through 2027" ... Jensen Huang, NVIDIA CEO, GTC 2026 Keynote Jensen just dropped the $1 trillion purchase order number at GTC. Between Blackwell and Vera Rubin, through 2027 Context: Baird's Tristan

⏪ Two years ago today... @AmadDiallo_19 gave us goosebumps! 🤩

38 years ago today, Apple sued Microsoft for copying the Mac's GUI. The whole case hinged on a 1985 licensing deal where John Sculley gave Bill Gates a royalty-free perpetual license to Mac visual elements... because he thought Windows 1.0 was too ugly to be a threat. Apple

On this day in 1958, the US launched Vanguard 1, a 3.2-pound aluminum grapefruit with six tiny solar cells making about 1 watt of power. First satellite ever powered by the sun. Still up there. Oldest human-made object in orbit, circling Earth every 134 minutes. Won't come down

March 17, 1999: AOL closed the Netscape acquisition. Announced at $4.2B, closed at ~$10B because late-90s stock prices were unhinged. Netscape still had 50% browser share when the deal was announced. Marc Andreessen became AOL's CTO, lasted 7 months. Code got open-sourced into

Hock Tan dropped a $100B AI chip revenue target for 2027 on the Q1 call and $AVGO popped 5% after hours. Revenue came in at $19.31B vs $19.18B expected, up 29% YoY. The beat wasn't massive on the topline... but that $100B AI revenue comment got everyone's attention. RBC's Mitch

BofA's Vivek Arya flipped $MRVL to Buy from Neutral on Mar 7, PT $110 (from $90). This came right after Marvell's blowout FQ4 that sent shares up 16% in a single session. The two catalysts Arya flagged: AI optical connectivity getting stronger, and custom silicon deals with

$AMD is stuck in analyst purgatory right now. RBC's Srini Pajjuri reiterated Sector Perform at $230 on Mar 16. Goldman bumped the PT to $240 from $210 but kept a Neutral rating (Feb 25). Benchmark stands alone with a Buy at $325. 34 analysts cover $AMD with a Buy consensus, but

27 years ago today $MSFT released Internet Explorer 5.0. Buried inside it was XMLHttpRequest, the feature that eventually made Ajax, Gmail, and every modern web app possible. By 2000 IE5 hit 50% share. Netscape went from 90% to irrelevant in four years. The DOJ antitrust trial

In March 1998, SaeHan showed the MPMan F10 at CeBIT. The world's first MP3 player. 32MB storage (about 7 songs), 2.2 ounces, $250 ($462 adjusted). Want 64MB? Mail it back and pay $69. Three years before the iPod. Apple got the credit. SaeHan got a footnote.