Reason: NVDA confirms the SMA200-cushion reclaim flagged last scan (RSI 42 to 57, back above SMA20); AMZN stays the steady basing anchor; MRVL/ARM continue de-extending but remain rich; PLTR reversed its bounce and is now the worst print in the basket.

Tape-read: This basket flips the script from two reads ago. NVDA is the standout: RSI jumped 42.3→57.2, strong-up, back above SMA20 ($210.96 vs $201.95) with its SMA200 cushion widening to +10.2% (was +2.3%) — the fragile-margin flag from last read is resolved, and the ai-scan report tags its thesis "intact" on a genuine strong week (+7.32% 7D, +4.03% 1D). AMZN is unchanged and steady: RSI 51.0, weak-down/basing, +6.0% vs VWAP, thesis intact — still the no-drama anchor. TSM cooled from extended (RSI 54.8→49.8, -5.02% 7D) but remains the structurally soundest compounder at +25.1% above SMA200. MRVL and ARM keep de-extending (MRVL vs-VWAP 68.0%→56.7%; ARM 62.8%→61.7%) but both are still rich enough to be hold-only. PLTR is the disappointment: its earlier drift back toward VWAP fully reversed (-16.2%→-19.84% vs VWAP), still death-crossed and now -38.9% off its 52-week high — worse than two reads ago, not better. Note: the ai-infrastructure watchlist itself was rebuilt this week into a 52-name physical-buildout universe with zero ticker overlap — NVDA/AMZN/TSM/MRVL/ARM/PLTR now track under the ai-scan watchlist instead. Source: 2026-07-11-ai-scan + summaries/ai-infra.json.

• NVDA — PROMOTE (upgraded from WATCH): RSI 57.2, strong-up, golden cross, reclaimed SMA20, +10.2% above SMA200 (was +2.3%) — the fragility flagged last scan is resolved; thesis flagged intact.
• AMZN — PROMOTE: RSI 51.0, weak-down/basing, +6.0% vs VWAP, thesis intact — steady, unchanged read.
• TSM — WATCH: RSI 49.8 (down from 54.8), strong-up, +25.1% above SMA200, -5.0% 7D — cooling from extended, still the soundest long-term compounder.
• MRVL / ARM — PASS: still 57-62% above VWAP despite continued de-extension; hold only, none investable this week.
• PLTR — PASS: RSI 48.4, strong-down/death cross, -19.84% vs VWAP (worse than -16.2% last read), -38.9% off 52wk high — the bounce fully reversed.

Lead pick: NVDA — the resolved-fragility upgrade is the story this week, confirmed by a genuine strong week and a reclaimed SMA20. AMZN remains the steady alternate; PLTR is now the clear avoid, not just a watch.