This cohort's cooldown is now two scans deep: no name in this cut is above RSI 55, and $TLN pushed to a new cut-low of 32.4, deeper than any print this scan has tracked. Reads mixed on the week — $MRVL (-8.6 RSI points), $ASML (-7.1), and $SWKS (-4.2) all cooled further while $AVGO, $QCOM, and $CEG bounced modestly — but the long-trend check tells the same story it has for two scans running: the majority of this cut is trading well above its 200-day average with strongly positive year-over-year returns ($MRVL +233%, $INTC +259%, $AMD +176%, $MXL +268%). The same four names that failed the long-trend test last scan — $TLN, $CEG, $QCOM, $SWKS — still fail it this scan, unchanged as the group's genuine weak spot.

Data as-of the 2026-08-28 close (Friday's settled session) — every name in this cut carries a fresh bar this scan.

Source: semis.json + ai-infra.json + energy.json, deduped to the core NVDA-adjacent chip/AI-infra/power-demand names — same 20-ticker cut and exclusion methodology as the prior scan (AMZN/PLTR/TAC/P/AIQ/SMH/SFTBY excluded from ai-infra.json; EOSE/NEE/FSLR/ENPH/TAC/XLE/XOP/CMBT excluded from energy.json; SMH/SOXX excluded from semis.json as broad-basket duplicates). Prior scan: 2026-08-22-nvda-ecosystem.

This cohort has now cooled for two consecutive scans, and the floor keeps dropping: $TLN fell to RSI 32.4, the lowest print this cut has shown, on a 5.8% weekly decline and a price now 13% below its 200-day average. Unlike the prior scan's uniform cooldown (19 of 20 names lower), this scan is mixed — $MRVL, $ASML, and $SWKS extended their declines while $AVGO, $QCOM, $INTC, and $CEG all bounced modestly off last scan's lows. Either way, not a single name in the cut is above RSI 55 for the first time in this scan's tracking history.

The long-trend check keeps telling a different story than the week-over-week RSI read. $MRVL posted the sharpest single-name drop this scan (RSI 55.8 to 47.2, an 8.6% weekly price decline) but is still 46% above its 200-day average and up 180% over the past year. $AMD, down modestly on the week, remains 39% above its 200-day and up 176% over the year. $MXL — despite an ongoing multi-scan decline — is still 33% above its 200-day and up 268% on the year. That combination is a deep pullback inside an intact multi-year uptrend, not a structural breakdown, and it covers the majority of this cut, including $NVDA itself (11% above its 200-day, up 21% over the year, basing rather than breaking).

Four names still fail that test, unchanged from the prior scan: $TLN and $CEG are both below their 200-day average with a negative year-over-year return (TLN -23.7%, CEG -13.4%) and badly negative long-trend alpha. $QCOM sits just below its 200-day with a barely positive year (+2.1%) and continues to carry the "collapse" tag in the underlying data. $SWKS is the trickiest case again: it's technically 3.1% above its 200-day but down 12.4% over the past year with a heavily negative alpha — the same flat-or-down-on-the-year, lagging-alpha tell that separates a genuinely broken name from one just having a rough week.

$ON and $AMKR remain the two names worth a close watch without confirmed breakdown status. $ON is 6.6% below its 200-day but still up 43% over the past year; $AMKR is 14.1% below its 200-day yet up 94% on the year. Both are testing their long-term average from below after a strong multi-year run rather than showing the clean below-200-day, negative-1Y signature that defines the breakdown group.

• The cohort's floor moved lower for a second straight scan. $TLN dropped from RSI 37.3 to 32.4 (-4.9), a new cut-low, price down 5.8% for the week.
• $MRVL posted the cut's sharpest single-scan drop, reversing its status as the only gainer last scan. RSI 55.8 → 47.2 (-8.6), price down 8.6% for the week — still 46% above its 200-day.
• $ASML gave back its recovery from last scan. RSI 50.5 → 43.4 (-7.1), still up 122% over the year.
• $SWKS extended its decline. RSI 52.1 → 47.9 (-4.2), still flat-to-down on the year (-12.4%).
• $AVGO and $QCOM both bounced off last scan's lows. AVGO: 38.7 → 42.7 (+4.0). QCOM: 43.6 → 48.5 (+4.9) — QCOM remains below its 200-day.
• $INTC and $CEG also recovered modestly. INTC: 39.6 → 41.5 (+1.9). CEG: 53.0 → 54.4 (+1.4), still the cut's highest print despite failing the long-trend test.
• No name in the cut is above RSI 55 — the first time this scan's tracking has shown zero names in the upper half of the neutral band.
• The same four names — $TLN, $CEG, $QCOM, $SWKS — remain the only genuine breakdowns, unchanged from the prior scan.
• No stale bars this scan — every name carries a fresh 2026-08-28 close.
• Universe unchanged. Same 20 tickers and exclusion methodology as the prior scan.

RSI measures how stretched a stock is over the past 14 sessions — under 30 signals oversold, over 70 signals overbought. vs SMA20 is the price gap to the 20-day average; a fast decline shows up as a large negative number. 1Y% and vs SMA200 are the two numbers to check before calling anything a breakdown: a name trading above its 200-day average with a strongly positive year is in a deep pullback inside an intact trend no matter how ugly the week looks — most of this cut fits that description for a second straight scan. A name trading below its 200-day with a flat-to-negative year and negative long-trend alpha, like $TLN, $CEG, $QCOM, and $SWKS, is the one actually under structural test.

None.

$TLN (32.4), $ON (36.3), $GEV (37.0), $AMAT (37.6), $TXN (38.3), $AMKR (39.3), $LSCC (39.5) — seven names in this band, matching the deepest level this cut has shown. $GEV, $AMAT, $TXN, $LSCC, and $AMKR still carry a positive year-over-year return and sit at or above their 200-day (AMKR being the exception on the 200-day but not on the year); $TLN is the one that fails the long-trend test outright.

• Genuine breakdown (below 200-day, negative or flat/lagging 1-year): $TLN, $CEG, $QCOM, $SWKS — the same four names as the prior scan, the only ones in the cut that fail the long-trend check.
• Deep pullback, long trend intact: $ARM, $MXL, $INTC, $AVGO, $ASML, $AMD, $BE, $MRVL, $TSM, $NVDA — ten names, the bulk of the cut, all above their 200-day (or, for AVGO, essentially flat on it) with solidly positive year-over-year returns.

• $TLN pushed to a new cut-low this scan (RSI 32.4) — does it find a floor, or does the breakdown deepen further?
• No name in the cut is above RSI 55 — is this the bottom of the two-scan cooldown, or does the pullback have further to run before the cohort stabilizes?
• $MRVL posted the sharpest single-name drop this scan after being the only gainer last time — does it find support near its shelf, or does the reversal continue?
• $SWKS remains flat-to-down on the year with a badly negative alpha despite sitting technically above its 200-day — does the price confirm the breakdown, or does the alpha catch up to the price instead?

• Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-08-28 close — semis, ai-infra, energy.
• Prior scan for comparison: 2026-08-22-nvda-ecosystem.