Memory/Semis
Update
Memory/Semis
TSM strengthened to RSI 71. ASML slightly cooled to RSI 66 (still near highs). AVGO pulled back to RSI 51, -4.8% below SMA. MU stable RSI 55. Sector broadly healthy.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟢 HEALTHY — TSM approaching overbought. ASML off 52wk high. AVGO pulled back to fair value. MU holding gains. |
| Key insight | TSM RSI 65→71, approaching overbought. AVGO pulled back -6.2% week, RSI 50→51 — back to fair value. ASML off 52wk high, RSI 64→66. |
Action Matrix
| Action | Stocks | Why |
|---|---|---|
| 📈 ACCUMULATE | AVGO | RSI 51, -4.8% below SMA — pulled back to fair value, custom ASIC thesis |
| 🔒 HOLD | MU | RSI 55, above SMA — memory upcycle intact |
| 🔒 HOLD | ASML | RSI 66, above SMA — litho monopoly, off 52wk high |
| ⚠️ WATCH | TSM | RSI 71, approaching overbought — foundry near trim zone |
Data (Validated 2026-02-26)
| Stock | Price | 7D | 30D | 52wkHi | RSI | SMA20 | vs SMA | Status | Action |
|---|---|---|---|---|---|---|---|---|---|
| AVGO | $313.30 | -6.2% | -3.6% | $343.94 | 51 | $329.13 | -4.8% | 🟡 Below SMA | 📈 Accumulate |
| MU | $411.66 | +4.3% | +23.5% | $437.80 | 55 | $400.32 | +2.8% | 🟢 Strong | 🔒 Hold |
| ASML | $1457.69 | -0.1% | +3.3% | $1526.51 | 66 | $1434.01 | +1.7% | 🟢 Above SMA | 🔒 Hold |
| TSM | $372.88 | +3.5% | +12.1% | $387.73 | 71 | $357.61 | +4.3% | 🟠 Nearing OB | ⚠️ Watch |
Note: MU data as of 02/13 — stale. Verify MU before acting.
Key Changes vs 02/22
| Stock | 02/22 Price | 02/26 Price | Move | RSI Change | Note |
|---|---|---|---|---|---|
| TSM | $370.54 | $372.88 | +0.6% | 65→71 | Approaching overbought zone |
| AVGO | $332.65 | $313.30 | -5.8% | 47→51 | Pulled back — buying opportunity |
| ASML | $1469.59 | $1457.69 | -0.8% | 64→66 | Slight pullback off 52wk high, RSI holds |
| MU | $411.66 | $411.66 | ~flat (stale) | 60→55 | Holding (stale data) |
Key Discoveries
| Discovery | Implication |
|---|---|
| AVGO -5.8% week, RSI back to 51 | Custom ASIC/AI networking name back at fair value — entry window |
| TSM RSI 65→71 | Foundry premium expanding — AI capex driving demand |
Mistakes (Don't Repeat)
| Mistake | Lesson |
|---|---|
| No trim on ASML at 52wk high RSI 64 | Should have set trim target at 52wk high breakout |
Open Questions
Related
10 events DateTypeEvent
Feb 26 ScanNVDA Ecosystem Scan Feb 22 UpdateMemory/Semis Feb 22 ScanNVDA Ecosystem Scan Mar 3 UpdateMemory/Semis Mar 3 ScanAI Infrastructure Scan Mar 3 ScanNVDA Ecosystem Scan Feb 16 UpdateMemory/Semis Feb 16 ScanNVDA Ecosystem Scan Mar 10 UpdateMemory/Semis Mar 10 ScanNVDA Ecosystem Scan No direct external sources are attached to this read.