This report tracks the hyperscaler/chip/foundry basket in ai-infra.json (AMZN, NVDA, ASML, TAC, TSM, PLTR, MRVL, ARM, P, AIQ, SMH — 11 names since AIQ and SMH joined in late July), not the separate 52-name physical-buildout universe (ai-infrastructure.json). The clearest move: PLTR's RSI vaulted from 44.2 to 73.0 on a +39.78% week — the sharpest reversal in the basket — while nine of the eleven names cleared RSI 50 this cycle; only TAC remains below it.

FROTH READ: vs VWAP measures distance from the average buyer's cost basis across the instrument's full history.

PLTR is the standout in this basket by a wide margin. Its RSI jumped from 44.2 to 73.0 on a +39.78% week and its 30-day change flipped from -2.12% to +30.09% — the sharpest single-name move anywhere in this dashboard, though it remains death-crossed and sits 27.4% above its 20-day average, an extended read worth flagging before chasing.

NVDA and P both posted sharp recoveries alongside it: NVDA's RSI climbed from 48.6 to 64.5 (30D turning positive to +9.72%) and P's from 54.7 to 69.0 (30D +0.04%→+15.85%). MRVL and ARM, which carried the deepest 30-day drawdowns in the basket last cycle, both cleared RSI 50 this time — MRVL 41.6→52.3 (30D -31.04%→-5.58%) and ARM 37.5→50.3 (30D -28.97%→-5.89%), though both remain the basket's weakest 30-day reads even after the improvement.

ASML, TSM, AIQ, and SMH all improved together: ASML's RSI crossed above 50 (42.8→51.9), TSM moved from 46.2 to 52.0, AIQ climbed from 45.1 to 57.1, and SMH from 42.7 to 52.7. AMZN was the one name to cool slightly rather than extend — its RSI eased from 67.7 to 64.0 even as its 30-day change stayed roughly flat and positive (+12.36%→+12.67%). TAC remains the one holdout: its RSI ticked up only marginally, from 37.2 to 38.7, still the basket's sole sub-40 read and still death-crossed.

1. PLTR posted the sharpest move in the whole basket: RSI 44.2→73.0, 7D +39.78%, 30D -2.12%→+30.09%.
2. NVDA recovered sharply: RSI 48.6→64.5, 30D turning positive to +9.72%.
3. MRVL and ARM both cleared RSI 50: MRVL 41.6→52.3 (30D -31.04%→-5.58%); ARM 37.5→50.3 (30D -28.97%→-5.89%) — still the basket's deepest 30-day drawdowns even after the improvement.
4. P recovered strongly: RSI 54.7→69.0, 30D +0.04%→+15.85%.
5. ASML crossed above RSI 50: RSI 42.8→51.9, 30D -11.5%→-1.44%.
6. TSM improved: RSI 46.2→52.0, 30D -9.0%→-3.88%.
7. AIQ and SMH both improved: AIQ RSI 45.1→57.1; SMH RSI 42.7→52.7.
8. AMZN cooled slightly, the one name not extending: RSI 67.7→64.0, 30D roughly flat at +12.67%.
9. TAC remains the basket's sole laggard: RSI 37.2→38.7, still death-crossed, still the only sub-40 read.
10. The oversold band shrank from two names to one: TAC and ARM last cycle, TAC alone this cycle.

RSI < 30 = capitulation zone (check trend/death-cross before treating as a buy). RSI 30-40 = oversold, often still structurally weak in this group. RSI 40-70 = neutral-to-healthy. RSI > 70 = extended. "vs VWAP" measures distance from the average buyer's cost basis — the further above 0%, the more "paid up" the current price relative to its own trading history.

None.

TAC (38.7) — one of eleven names, down from two last cycle (TAC and ARM). ARM has since cleared RSI 50.

PLTR (73.0), P (69.0), NVDA (64.5), AMZN (64.0), AIQ (57.1), SMH (52.7), MRVL (52.3), TSM (52.0), ASML (51.9), ARM (50.3) — ten names.

• Whether PLTR's sharp single-week repricing (RSI 44.2→73.0, +39.78%) holds or gives back, given how far it extended above its 20-day average.
• Whether TAC's continued failure to join the recovery (RSI 38.7, still death-crossed) is idiosyncratic or a lead indicator for the rest of the basket.
• Whether MRVL/ARM's clearing of RSI 50 extends into a real recovery of their 30-day drawdowns or stalls again.
• Whether AMZN's slight cooldown (the one name not extending this cycle) is the start of a pause or noise.

• Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-08-07 close — ai-infra.