저자: JimCramer · 외국인
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TSMC 실적 발표 이후 AI 반도체 수요가 견조하다고 평가하며, 엔비디아 조정을 저점 매수 기회로 봄. 메모리 반도체(샌디스크, 마이크론 등)와 반도체 장비주(ASML, AMAT, 램리서치 등)의 강세를 언급. 은행주는 블랙록·골드만삭스·모건스탠리 실적 호조로 반등. 전력 부족이 데이터센터의 병목이며 천연가스 발전 관련주에 관심을 표함. 애플·브로드컴 등은 아직 매수세가 붙지 않았지만 곧 오를 것이라 봄.
다듬은 글
Wall Street just got caught flat-footed while everyone screamed AI bubble and dumped Nvidia. Taiwan semi quietly posted one of the strongest quarters Kramer says he's ever seen. And he's calling this pullback your last cheap shot at elite AI bank and consumer names. Enough of them fast enough. Tom semiax spend more than $50 billion just to keep up with its current orders.
It stock was up about 20 bucks before most of you woke up. The rest of tech all part of the lore of the day where the Dow gained 293 points, S&P advanced 26, NASDAQ rose.25%. I have to tell you though, they were much higher before an afternoon pullback related yes of course to where interest rates are going to be and whether they're going to be chopped, which I keep telling you is a sideeshow if you want to make big money.
Tech wasn't all that flew today. After staking up the joint for a couple of sessions, the banks rebounded because of beautiful pristine blowouts from BlackRock, from Goldman Sachs, my alma mater, and Morgan Stanley. We're going to go into those in a moment. But make no mistake about it, that conference call from the other side of the world, the one thrown by Taiwan Semi, the [clears throat] company that physically turns the blueprints into semiconductors, changed this entire market.
More specifically, it changed the way this market views the most important, largest company in the world, the elephant in the room that is Nvidia, which have been down for 2026 until last night when so many other less modern chipmakers have seen their stocks sore. And that's what made the session so encouraging for those of us who like technology stocks.
See, until just after midnight when Taiwan 7 reported, the new narrative had become you need to steer clear of the AI stocks, especially Nvidia, which had become known as what we use the term overowned, meaning that too many institutions already owned it. So there were no new buyers of any size. Everybody had it already.
The only stocks that have been working this year are the so-called commodity chip makers because of a severe shortage of semis that store data. These are so-called memory chips. No one thought that these low tech chips would ever be needed in such high quantities. But data centers can't get enough of those things either.
And there aren't enough machines available to make more of them. That's why SanDisk is up 72% since the beginning of the year. Western Digital up 29%. Micron up 18%. Cate up 16%. Everything they make is in short supply. Customers are desperate. Meanwhile, Nvidia stock is flat. So these outsized gains taunted the Prometheus of our time.
Eagles feasting on the liver of the chain Nvidia giant. I just like that imagery until today. That's because Nvidia is Taiwan Semi's biggest client. So if business is as fabulous as they say, and there's no reason to believe otherwise, then business must be pretty darn good for Nvidia. Certainly better than expected.
The stock closed up 4 to 187 one point. It had been 189. AMD quote a bid too, as we say. And Taiwan Semi's good fortune is terrific news for the semiconductor capital equipment makers. the companies that supplied Taiwan Semi and the other foundaries. I think ASML, that's that big uh European company of 500 billion.
KLA, Applied Materials. Oo, that's hot. And Lamb Research, LRCX. These all rallied like crazy today. We used to have a ton of these semiconductor capital equipment place, but they all merge. And when demand is this type, wo, they can make fortunes. Just as important, Taiwan semi- made minceme of the skeptics who've been doubting AI stay power.
They said something we have only heard from Jensen Wong, CEO of Nvidia. The demand is insatable. More important, the profits they could be humongous for the customers. The companies we call hyperscalers aren't wasting their money when they spend billions on data centers. According to Taiwan Semi, they're [snorts] finding money everywhere.
They're making it. They're making on the data centers despite what we keep hearing. Taiwan Semi says the more they spend, the more they make. Remember Jensen told us that, but no one's believing him. The gating factor here isn't even supply. It's the darn electricity shortage. The hyperscalers want clean energy.
They want nuclear and shun natural gas even at three bucks a throw. They put up data centers all over the place, setting the price of power higher. They don't seem to understand that they'll have to go hatinand to GE Vernova to beg them to build to give more gas turbines because building a new gas plant is much much faster and cheaper than building a nuclear power plant.
When I listened to the Taiwan semicol, I realized that that one of these hyperscalers is going to breaks. Maybe buy some natural gas companies in Texas and Pennsylvania. Start building huge numbers of nat gas power plants right next to the natural gas wellhead. That's what I'd do if I were in charge.
I told you earlier this week that we needed to see the banks reverse, right? Remember, because that's the best leadership group in the world and then suddenly it's been really bad ever since JP Morgan reported. Well, guess what? We saw it happen today. Goldman Sachs, Morgan Stanley, Black Rockck broke the downturn precipitated by allegedly weak quarters from Morgan, Cityroup, Bank of America, and Wells Fargo.
It takes a lot to get these stocks out of their tail spin and [screaming] we got a lot with Goldman Sachs putting up phenomenal numbers across the board. Morgan Stanley continuing to be a juggernaut of corporate finance and asset gathering and Black Rockck taking in just trillions to the point where they now manage an astounding $14 trillion.
Yes, that was at last night. I lamented that the market seemed to be led by big pharma and the oils. Those are terrible generals. A healthcare rally signals a weak economy and oil rally signals inflation. worst possible combo, stagflation. My hope is that the JP Morgan healthcare conference was causing pharma to temporarily levitate and the president's rhetoric toward Iran uh would well was going to get hotter.
It got cooler. So, both catalysts fizzled. I said I wanted to see these major minor cords recede and the major chords come back. I wanted the money flowing back into tech and consu and uh and some consumer stocks, retailers, coupled with a ramp up in both data centers and non-data center industrials.
And today we saw exactly that the major chords return. Plus we had a monster move in the small caps as Russell 2000 broke out with space alternative power bitcoin verileles and of course quantum computing and nuclear power adjacencies all back in the windcom. Now there's some excellent news here. Let me give you some examples because I hate just saying that.
Oh Russell this and S&P that. I like the resuscitation of the restaurant socks. Starbucks and Texas Roadhouse two trust names. Look, they were on the brink. Seasons on the brink not that long ago. Now they're breaking out to the upside. What else? Housing stocks are moving up not long ago after getting hit with mass downgrades.
There's a thaw going on as supply has arrived to quell demand. Home prices are at last coming down. Many of them did 2019 prices. Toll Brothers Lar Horton led the group higher. The same by the way was how about this? Home Depot rallied again only to be outdone by Lowe's which hit its 52- week high. Congratulations to low CEO Marvin Ellison.
that achievement in this god-awful environment. But the turn in Nvidia, which become an eyesore of this market, is what gives me hope that the bubble talk may have finally run its course, at least for the moment. One listen to the words of Taiwan sent me one gander the transcript tells you that it's worth buying Meta as social media was called off for strength as well as Apple, which was down today because expensive phones were noted too as having great strength.
Look, Apple's stock has done nothing. That worries me. It worries me that the buyers haven't figured out to buy it yet. These stocks have done nothing lately. Same goes for Broadcom, which is linked to S172. That stock rallied three bucks. Maybe today was the day it started. What's really happening?
Well, here's the bottom line. To me, you're getting another chance to buy these highquality stocks before they take off in the face of the doubters who didn't get up early enough to hear the Taiwan semicol. As for the rest of us, we knew it would be a good day at 12:30 a.m.
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