AI Infrastructure Scan
Scan
AI Infrastructure Scan
raw scan snapshot — prices as of scan date, not live 98 rows · screens, not recommendations ported fromresearch/classic/scans/2026-05-29-ai-infrastructure.md
The AI infrastructure complex is split between memory-storage parabolas (MU +87.8% 30D, STX +30.6% 30D, WDC +22.3% 30D), cybersecurity rockets (CRWD +64.0% 30D, PANW +57.1% 30D, FTNT +63.7% 30D), and a broadly overbought networking/cloud cluster, while NVDA consolidates neutrally at RSI 49 below SMA20, EQIX/DLR drift negative 30D, and power infrastructure (CEG, NEE) deteriorates — the capital stack for AI is pricing in full buildout but the power/cooling layer is lagging.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟠 AI INFRA OVERBOUGHT IN SILICON/CYBER, NEUTRAL IN CLOUD/NETWORK, WEAK IN POWER — Wide tier dispersion. Memory and cybersecurity are at RSI 71-84. NVDA is the odd-out at RSI 49. Data center REITs flat. Power infrastructure in negative trend. |
| Leaders | MU (+87.8% 30D, RSI 78), CRWD (+64.0% 30D, RSI 84), PANW (+57.1% 30D, RSI 81), FTNT (+63.7% 30D, RSI 80), CSCO (+31.6% 30D, RSI 76), STX (+30.6% 30D, RSI 75) |
| Laggards | NEE (-11.1% 30D, RSI 36), DLR (-5.4% 30D, RSI 45), EQIX (-0.9% 30D, RSI 52), CEG (-7.9% 30D, RSI 48), T (-5.1% 30D, RSI 42), TMUS (-3.6% 30D, RSI 43) |
| Key insight | NVDA at RSI 49 and -2% below SMA20 while the entire AI infra stack rips is the single most important divergence on this scan. Memory (MU, STX, WDC) is running a separate supercycle with RSI 72-78 and +87-132% 3M. Power infrastructure (NEE, CEG) is the biggest unclosed gap — AI requires 10x more power but the utility stocks are in downtrends. |
Price Table — Silicon / Semiconductors
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | Trend | Signal |
|---|---|---|---|---|---|---|---|---|
| NVDA | $211.14 | 49.4 | -2.0% | -0.9% | +5.8% | +15.7% | strong-up | 🟡 RSI 49, below SMA20 — golden cross, consolidating |
| AMD | $516.10 | 76.0 ↑ | +17.3% | +10.7% | +45.6% | +159.8% | strong-up | 🔴 RSI 76, +17.3% vs SMA20 — parabolic |
| AVGO | $446.77 | 66.0 | +5.6% | +3.7% | +7.0% | +40.4% | strong-up | 🟠 Near ATH (-0.5%), AI custom silicon |
| MRVL | $205.00 | 69.5 | +13.6% | +5.2% | +24.1% | +153.7% | strong-up | 🟠 Custom ASIC leader, RSI 70 |
| ARM | $353.29 | 77.5 ↑ | +41.9% | +9.6% | +68.0% | +184.1% | strong-up | 🔴 RSI 78, +41.9% vs SMA20 — IP license supercycle |
| QCOM | $251.02 | 70.0 | +18.4% | +2.6% | +39.8% | +79.1% | strong-up | 🟠 RSI 70, on-device AI, near ATH |
| TSM | $418.45 | 59.2 | +2.8% | +4.7% | +5.7% | +13.7% | strong-up | 🟠 Foundry monopoly, near ATH (-2.8%) |
| ASML | $1,612.76 | 59.3 | +4.7% | -1.6% | +12.1% | +13.5% | strong-up | 🟠 EUV monopoly, near ATH (-2.5%) |
| P | $79.51 | 52.6 | -0.1% | -14.7% | +11.3% | +21.3% | up | 🟡 Death cross, -21.0% from ATH — storage density AI |
Price Table — Memory / Storage
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | Trend | Signal |
|---|---|---|---|---|---|---|---|---|
| MU | $971.00 | 78.0 ↑ | +29.2% | +22.3% | +87.8% | +135.4% | strong-up | 🔴 RSI 78, +29.2% vs SMA20 — memory supercycle, -1% from ATH |
| STX | $879.80 | 74.5 ↑ | +10.3% | +8.9% | +30.6% | +132.2% | strong-up | 🔴 RSI 75, HDD AI demand — near ATH (-2.8%) |
| WDC | $531.21 | 71.8 ↑ | +9.5% | +9.4% | +22.3% | +96.8% | strong-up | 🟠 RSI 72, NAND/HDD dual play — near ATH (-4%) |
| P | $79.51 | 52.6 | -0.1% | -14.7% | +11.3% | +21.3% | up | 🟡 (Everpure/fka PSTG) Flash density, -21% from ATH |
Price Table — Networking / Data Center
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | Trend | Signal |
|---|---|---|---|---|---|---|---|---|
| ANET | $159.47 | 57.6 | +6.0% | +2.2% | -7.7% | +23.3% | strong-up | 🟠 -7.7% 30D consolidation, +23.3% 3M intact, near ATH |
| CSCO | $120.42 | 75.7 ↑ | +11.7% | -0.5% | +31.6% | +52.5% | strong-up | 🔴 RSI 76, +52.5% 3M — AI networking refresh cycle |
| EQIX | $1,068.04 | 51.7 | -0.2% | -0.6% | -0.9% | +11.1% | strong-up | 🟡 Flat near SMA20, near ATH (-5.4%) — data center REIT |
| DLR | $190.00 | 45.3 | -1.8% | -0.4% | -5.4% | +7.1% | weak-down | 🟡 -5.4% 30D, below SMA20 — REIT yield pressure |
| SMCI | $46.09 | 79.6 ↑ | +36.5% | +17.9% | +68.2% | +44.8% | up | 🔴 RSI 80, death cross — server ramp spec |
Price Table — Cybersecurity
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | Trend | Signal |
|---|---|---|---|---|---|---|---|---|
| CRWD | $731.00 | 84.1 ↑ | +25.6% | +0.8% | +64.0% | +89.9% | strong-up | 🔴 RSI 84 — near ATH, AI-native security |
| PANW | $281.69 | 80.7 ↑ | +23.3% | +0.9% | +57.1% | +87.6% | strong-up | 🔴 RSI 81 — near ATH, platformization |
| FTNT | $137.97 | 80.4 ↑ | +17.6% | -1.1% | +63.7% | +74.3% | strong-up | 🔴 RSI 80 — near ATH (-0.1%), mid-market cyber |
| ZS | $139.73 | 44.6 ↓ | -9.5% | -26.5% | +6.9% | -6.0% | strong-down | 🔴 -26.5% 7D collapse, strong-down, death cross |
| NET | $241.82 | 63.7 | +12.4% | +7.4% | +18.0% | +33.6% | strong-up | 🟠 Golden cross, +33.6% 3M — edge AI leader |
Price Table — Cloud / Software Infrastructure
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | Trend | Signal |
|---|---|---|---|---|---|---|---|---|
| AMZN | $270.64 | 59.9 | +0.7% | +2.0% | +2.1% | +29.9% | strong-up | 🟠 AWS, near ATH (-2.8%), golden cross |
| MSFT | $450.24 | 70.3 ↑ | +8.0% | +2.5% | +10.7% | +13.2% | weak-up | 🟠 RSI 70, Azure + Copilot, death cross |
| PLTR | $156.54 | 67.6 | +13.6% | +6.5% | +12.5% | +7.8% | weak-up | 🟠 Death cross, -24.6% from ATH — defense AI |
| TAC | $14.22 | 66.3 | +8.8% | +4.2% | +13.9% | +3.0% | up | 🟡 Death cross, -20.5% from ATH — defense autonomy |
Price Table — Power / Energy Infrastructure
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | Trend | Signal |
|---|---|---|---|---|---|---|---|---|
| CEG | $287.75 | 48.3 | -1.5% | -1.7% | -7.9% | -11.8% | strong-down | 🔴 Nuclear AI power, strong-down, death cross, -30.3% from ATH |
| VST | $160.23 | 56.7 | +5.9% | +3.4% | +1.5% | -3.3% | weak-up | 🟡 Death cross, -27.1% from ATH — power gen |
| SMR | $12.67 | 56.2 | +6.4% | +5.0% | +1.7% | -2.9% | weak-up | 🟡 Death cross, -77.9% from ATH — SMR spec, pre-revenue |
| OKLO | $66.88 | 50.7 | -1.8% | +1.8% | -7.8% | +3.4% | weak-up | 🟡 Death cross, -65.5% from ATH — micro-nuclear spec |
| NEE | $87.01 | 35.5 ↓ | -5.4% | -1.6% | -11.1% | -6.2% | weak-down | 🟡 RSI 36, -11.1% 30D — utility grid growth name oversold |
| BE | $285.00 | 56.1 | 0.0% | -8.3% | +0.6% | +71.7% | strong-up | 🟠 +71.7% 3M, cooling 30D (-8.3% 7D) — fuel cell AI power |
| EOSE | $8.43 | 58.1 | +9.9% | +9.7% | +25.8% | +42.9% | weak-up | 🟡 Death cross, -57.6% from ATH — grid storage spec |
| FSLR | $306.79 | 83.4 ↑ | +27.6% | +20.4% | +52.0% | +53.5% | up | 🔴 RSI 83, +27.6% vs SMA20 — solar, -2.2% from ATH |
| ENPH | $68.36 | 77.4 ↑ | +39.6% | +10.4% | +107.4% | +52.9% | strong-up | 🔴 RSI 77, +107.4% 30D — residential solar rocket |
| SEDG | $76.35 | 75.5 ↑ | +42.6% | +20.4% | +78.1% | +88.1% | strong-up | 🔴 RSI 76, +78.1% 30D — inverter supercycle |
| RUN | $16.72 | 70.6 ↑ | +17.7% | +10.0% | +31.3% | +33.6% | up | 🟠 RSI 71, +31.3% 30D — residential solar install |
Price Table — Telecom / Connectivity Infrastructure
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | Trend | Signal |
|---|---|---|---|---|---|---|---|---|
| T | $24.80 | 41.5 | -1.2% | -1.9% | -5.1% | -10.5% | down | 🟡 RSI 42, weak — 5G AI connectivity, structural challenges |
| VZ | $47.81 | 51.8 | +0.4% | -0.7% | -0.5% | -2.9% | strong-up | 🟡 Flatline, golden cross — yield play only |
| TMUS | $187.53 | 42.9 | -1.5% | -1.1% | -3.6% | -12.8% | strong-down | 🟡 RSI 43, strong-down, death cross, -28.3% from ATH |
| BCE | $25.11 | 62.7 | +3.1% | +1.8% | +5.6% | -3.1% | strong-up | 🟠 Golden cross, outperforming NA telcos — yield + infrastructure |
| SKM | $37.34 | 50.8 | -1.2% | -3.8% | -0.2% | +23.6% | strong-up | 🟡 Korean telecom, +23.6% 3M — EM telco infrastructure |
Price Table — AI ETF Benchmarks
| Stock | Price | RSI | vs SMA20 | 7D% | 30D% | 3M% | Trend | Signal |
|---|---|---|---|---|---|---|---|---|
| SMH | $598.93 | 70.8 ↑ | +6.6% | +3.9% | +18.2% | +47.4% | strong-up | 🟠 Semi ETF at RSI 71 — AI hardware cycle benchmark |
| BOTZ | $40.15 | 55.6 | +0.2% | +0.1% | +4.4% | +5.1% | strong-up | 🟠 Robotics/AI ETF, near ATH (-3.7%) |
| ROBO | $88.64 | 63.8 | +3.5% | +2.2% | +8.6% | +13.6% | strong-up | 🟠 Industrial robotics ETF, near ATH (-1.6%) |
| AIQ | $67.32 | 78.4 ↑ | +8.9% | +5.5% | +20.5% | +34.5% | strong-up | 🔴 RSI 78, AI broad ETF at ATH (-0.2%) — cycle benchmark |
Tier Analysis
Extreme Overbought (RSI 75+) — Momentum Leaders
Approaching Overbought (RSI 65-75)
Neutral / Consolidating (RSI 45-65)
- NVDA (RSI 49.4) — THE key neutral: consolidating while peers run
- ANET (RSI 57.6, -7.7% 30D) — networking pulling back
- EQIX (RSI 51.7, flat) — data center REIT stalling
- TSM/ASML (RSI 59.2-59.3) — foundry/EUV steady
- BE (RSI 56.1, flat 30D) — fuel cell digesting +71.7% 3M run
- VST/SMR/OKLO (RSI 50-57) — power infra mid-range
- CEG (RSI 48.3) — nuclear borderline; approaching oversold
Approaching Oversold / Oversold (RSI < 45)
Entry Zones
| Stock | Current | Entry Zone | RSI | 30D% | Action | Thesis |
|---|---|---|---|---|---|---|
| NVDA | $211.14 | $200-215 | 49.4 | +5.8% | ✅ Strong Buy | The only core AI infrastructure name at RSI 49, below SMA20, with golden cross intact. While AMD (+160% 3M) and ARM (+184% 3M) run, NVDA consolidates. Best risk/reward in the sector. |
| NEE | $87.01 | $84-90 | 35.5 ↓ | -11.1% | 📈 Accumulate | RSI 36, -11.1% 30D, approaching oversold. The AI data center power story requires massive grid upgrades — NEE is the infrastructure beneficiary, currently ignored. Contrarian. |
| ANET | $159.47 | $150-162 | 57.6 | -7.7% | 📈 Accumulate | Arista 30D pullback on strong-up trend. +23.3% 3M intact. Golden cross. Network switching for AI data centers = secular demand. The -7.7% 30D is a gift vs the cycle. |
| EQIX | $1,068.04 | $1,050-1,080 | 51.7 | -0.9% | 🔍 Watch | Data center REIT flatline — yield compression from rates. Near ATH (-5.4%). Wait for rate catalyst or stronger AI demand signal. |
| DLR | $190.00 | $185-192 | 45.3 | -5.4% | 🔍 Watch | -5.4% 30D, below SMA20. Rate sensitivity. Same wait-for-catalyst logic as EQIX. |
| CEG | $287.75 | $275-295 | 48.3 | -7.9% | 🔍 Watch | Nuclear power AI thesis — strong-down is the concern. RSI 48 nearing oversold. Need concrete nuclear power contract news before adding. |
| ZS | $139.73 | — | 44.6 ↓ | -26.5% 7D | ❌ Don't Buy | Earnings-driven collapse, strong-down, death cross. Too early for a bounce. |
| CRWD | $731.00 | — | 84.1 ↑ | +64.0% | ⚠️ Avoid | RSI 84, near ATH — don't add to cybersecurity leaders here |
| PANW | $281.69 | — | 80.7 ↑ | +57.1% | ⚠️ Avoid | RSI 81, near ATH — same class |
| MU | $971.00 | — | 78.0 ↑ | +87.8% | ⚠️ Avoid | RSI 78, +135% 3M — don't chase memory supercycle this extended |
| BE | $285.00 | $270-290 | 56.1 | +0.6% | 📈 Accumulate | +71.7% 3M, cooling. RSI 56, at SMA20 — fuel cell AI power play digesting run. Add on this consolidation. |
Action Matrix
| Stock | Signal | Action | Notes |
|---|---|---|---|
| NVDA | 🟡 | ✅ Strong Buy | RSI 49, below SMA20 — best risk/reward in AI infra |
| NEE | 🟡 | 📈 Accumulate | RSI 36, -11.1% 30D — power infra oversold |
| ANET | 🟠 | 📈 Accumulate | RSI 58, -7.7% 30D pullback — AI networking |
| BE | 🟠 | 📈 Accumulate | RSI 56, at SMA20 — fuel cell AI power digesting |
| NET | 🟠 | 📈 Accumulate | RSI 64, +33.6% 3M, golden cross |
| TSM | 🟠 | 🔒 Hold | RSI 59, foundry monopoly |
| ASML | 🟠 | 🔒 Hold | RSI 59, EUV monopoly |
| AVGO | 🟠 | 🔒 Hold | RSI 66, near ATH, custom silicon |
| MRVL | 🟠 | 🔒 Hold | RSI 70, +154% 3M — ASIC demand |
| WDC | 🟠 | 🔒 Hold | RSI 72, near ATH — NAND/HDD |
| AMZN | 🟠 | 🔒 Hold | RSI 60, AWS, near ATH |
| PLTR | 🟠 | 🔒 Hold | RSI 68, death cross — defense AI, monitor |
| CRWD | 🔴 | ⚠️ Avoid | RSI 84, +64% 30D — don't add |
| PANW | 🔴 | ⚠️ Avoid | RSI 81, +57% 30D — don't add |
| FTNT | 🔴 | ⚠️ Avoid | RSI 80, +63.7% 30D — don't add |
| CSCO | 🔴 | ⚠️ Avoid | RSI 76, +52.5% 3M — extended |
| MU | 🔴 | ⚠️ Avoid | RSI 78, +135% 3M — memory supercycle priced |
| STX | 🔴 | ⚠️ Avoid | RSI 75, +132% 3M — HDD extreme |
| AMD | 🔴 | 🔒 Hold | RSI 76 — if held, trail stop |
| ARM | 🔴 | 🔒 Hold | RSI 78 — if held, trail stop |
| SMCI | 🔴 | ⚠️ Avoid | RSI 80 + death cross — spec server, don't add |
| ZS | 🔴 | ❌ Don't Buy | -26.5% 7D, strong-down |
| CEG | 🟡 | 🔍 Watch | Nuclear AI power, RSI 48, strong-down |
| EQIX | 🟡 | 🔍 Watch | Data center REIT, RSI 52, rate sensitive |
| DLR | 🟡 | 🔍 Watch | Data center REIT, RSI 45, rate pressure |
| OKLO | 🟡 | 🔍 Watch | Nuclear spec, -65.5% from ATH, pre-revenue |
| TMUS | 🟡 | 🔍 Watch | RSI 43, strong-down — unexpected underperformer |
| T | 🟡 | ❌ Don't Buy | RSI 42, structural decline |
What Changed vs 2026-04-28
Directional changes only — no prices from archive:
- Memory supercycle accelerated dramatically — MU, STX, WDC all extended further to RSI 72-78 with massive 3M runs. The AI data-training memory demand thesis is now pricing at full conviction.
- Cybersecurity cluster reached extreme RSI simultaneously — CRWD, PANW, FTNT all at RSI 80-84. This is a new cluster dynamic not present in April; AI security spending emerged as a separate catalyst.
- NVDA continued to underperform the cohort — RSI 49 vs AMD at 76 is the widest divergence in this cycle. The foundational GPU company is consolidating while its stack above and below it runs.
- Solar energy cluster went parabolic — FSLR, ENPH, SEDG all hit RSI 75-83 on +52-107% 30D moves. IRA/tariff tailwinds + AI power demand thesis converging.
- ZS collapsed post-earnings — -26.5% 7D move is the scan's worst single-week performer. Cybersecurity bifurcation: AI-native (CRWD/PANW) vs legacy (ZS).
- Power infrastructure deteriorated further — CEG went from positive to -7.9% 30D, NEE fell to RSI 36. The gap between AI's power requirement and utility valuations is widening — the market is not yet pricing the power buildout through utilities.
- Data center REITs stalled — EQIX and DLR went flat-to-negative 30D. Rate sensitivity overriding the hyperscale AI demand thesis.
- CSCO broke out — +31.6% 30D, RSI 76 — the legacy networking giant is repriced as an AI infrastructure beneficiary (network upgrade cycle).
- P (Everpure/fka PSTG) softened — -14.7% 7D despite positive 30D; storage density AI thesis real but digesting.
The Gold
Key Discoveries
| Discovery | Implication |
|---|---|
| NVDA RSI 49 while AMD RSI 76 and ARM RSI 78 | The foundational AI chip is offering the sector's best entry while derivatives of the ecosystem run ahead — rotation within AI infra is visible |
| NEE RSI 36, -11.1% 30D | Power infrastructure is the biggest unclosed gap in the AI buildout — AI needs 10x more watts but the utilities are being sold |
| CRWD/PANW/FTNT all RSI 80+ simultaneously | AI security spending is generating a cybersecurity sub-cycle: compliance, agentic AI attack surface, and SASE convergence |
| Memory (MU/STX/WDC) RSI 72-78, +87-135% 3M | The AI training/inference memory supercycle is printing returns that validate the physics: model sizes and inference throughput are driving unprecedented DRAM/NAND demand |
| CSCO RSI 76, +52% 3M | Legacy networking completely repriced as AI infrastructure — the $60B data center upgrade cycle is visible in the tape |
Mistakes (Don't Repeat)
| Mistake | Lesson |
|---|---|
| Treating AI infra as one bloc | Memory, cybersecurity, power, networking, and cloud are running independent sub-cycles with RSI dispersions of 35-84 |
| Ignoring power infrastructure underperformance | NEE and CEG are the unclosed trade — AI buildout requires massive power, but utilities are being sold while chips run |
| Adding to CRWD/PANW/FTNT at RSI 80+ | Cybersecurity cluster at extreme RSI = poor new-position risk/reward even if the thesis is intact |
Open Questions
- Will NVDA's RSI 49 resolve back to leadership, or does it signal broader semiconductor fatigue?
- Is NEE at RSI 36 the contrarian AI power trade — or does rate sensitivity keep utilities under pressure regardless of AI demand?
- Can the cybersecurity cluster (CRWD/PANW/FTNT) sustain RSI 80+ or does a mean-reversion event consolidate the gains?
- When does the data center REIT thesis (EQIX/DLR) re-engage? What rate level unlocks REIT upside?
- Is ZS's -26.5% 7D collapse a company-specific event or a leading indicator for legacy security players?
- How long before the solar cluster (FSLR/ENPH/SEDG) at RSI 75-83 corrects — and does AI power thesis sustain the bid?
Related
10 eventsNo direct external sources are attached to this read.