AI Infrastructure
AI Infrastructure
The compact AI-infrastructure board is strongly bid: chip designers and foundry led, TSMC joined the extended band at RSI 71.5, and Everpure (P) is the clear outlier at RSI 78.2 after a 51.62% month; Amazon is flat and TAC is the one name below its 200-day. ASML, Marvell and Arm are each more than 20% above their 200-days, and NVIDIA is above its own by a smaller but solid margin. Settled close 2026-10-02 for all 11 names.
LONG-HORIZON READ: a name whose short-window trend flag reads "down" but sits above its 200-day average with a positive one-year change is a deep pullback in an intact trend, never a breakdown. Only price below the 200-day paired with a weak or negative year is real structural damage. The 1Y and vs SMA200 columns carry that check.
Quick Snapshot
| Signal | Reading |
|---|---|
| Overall | 🟢 Ten of eleven are above their 200-days with positive years; extension is the risk, not damage |
| Leaders | P (7D 11.22%), ASML (7D 7.07%), TAC (7D 7.11%), TSM (7D 4.92%), NVDA (7D 3.95%) |
| Laggards | ARM (7D -0.91%), PLTR (7D -0.49%); TAC is -4.3% against its 200-day with a year of -9.85% |
| Extended (RSI 70+) | TSM, P |
| Caveat | Fresh 2026-10-02 close everywhere. Everpure's news pull ends 2026-09-30; TAC's earlier news pulls have been unreliable, so treat its cause read as not pulled for this move |
What's Going On
The semiconductor core is carrying the board. NVIDIA (RSI 62.9) is 16.6% above its 200-day, TSMC rose 4.92% on seven days to RSI 71.5, and ASML rose 7.07%. Marvell is up 31.87% over a month and Arm up 5.18% on Friday; Arm is the one name whose 7-day window is slightly negative (-0.91%) and sits 32.08% below its high with a year of 102.1%.
Everpure (ticker P) is the board's extension story: RSI 78.2, 25.5% above its 20-day, 51.62% over 30 days and a hair under its 52-week high. A news item in its receipt (fetched 2026-09-30) headlines S&P 500 inclusion fueling momentum on 2026-09-25; that is a sourced contributor to the run, but it predates the 7-day window and the receipt does not cover Friday, so the cause of this week's further gain is not established.
Amazon (AMZN) is flat-to-soft inside an intact trend: RSI 48.6, 4.2% above its 200-day, 1Y 13.09%, and 12.42% off its high; that is a pullback, not damage. Palantir has a 1Y of only 0.91% though it is 24.1% above its 200-day. TAC is the weakest long-horizon name: below its 200-day, negative year.
What Changed Since Prior Scan
Prior edition: 2026-09-25. Prior numbers are not carried; points use the 2026-10-02 summary only.
How To Read The Board
RSI below 25 is capitulation. RSI 25-40 is oversold, and needs the long-horizon columns before it means anything: several names here are oversold while still above their 200-day. RSI 40-70 is neutral-to-healthy; 70 and above is extended. "vs SMA" is distance from the 20-day average, a short-term positioning read only. "1Y%" and "vs SMA200" answer whether the trend is intact. Everything here is raw screen evidence from settled prices; none of it is a setup until a level is named and held. Percentages in the tables are 7-day, 30-day and one-year changes ending at the 2026-10-02 close.
Price Table
| Stock | Price | RSI | SMA20 | vs SMA | 7D% | 30D% | 1Y% | vs SMA200 | Signal |
|---|---|---|---|---|---|---|---|---|---|
| NVDA | $233.95 | 62.9 | $223.79 | 4.5% | 3.95% | 4.25% | 23.86% | 16.6% | 🟢 Neutral-healthy, above 200-day, positive year |
| AMZN | $251.52 | 48.6 | $251.64 | 0% | 0.74% | -1.36% | 13.09% | 4.2% | 🟡 Neutral, soft, above 200-day, positive year |
| ASML | $1867.31 | 64.8 | $1721.85 | 8.4% | 7.07% | 11% | 81.26% | 21% | 🟢 Neutral-healthy, above 200-day, positive year |
| TSM | $472.78 | 71.5 | $441.12 | 7.2% | 4.92% | 13.79% | 64.1% | 22.1% | 🔴 Extended, above 200-day, positive year |
| MRVL | $272.29 | 65 | $246.18 | 10.6% | 3.95% | 31.87% | 215.88% | 63.1% | 🟢 Neutral-healthy, above 200-day, positive year |
| ARM | $307.49 | 58.5 | $281.7 | 9.2% | -0.91% | 30.92% | 102.1% | 42.5% | 🟢 Neutral-healthy, above 200-day, positive year |
| PLTR | $188.75 | 61.2 | $180.19 | 4.8% | -0.49% | 11.38% | 0.91% | 24.1% | 🟢 Neutral-healthy, above 200-day, positive year |
| TAC | $12.35 | 54.6 | $12.02 | 2.7% | 7.11% | 4.31% | -9.85% | -4.3% | 🟢 Neutral-healthy, below 200-day, year negative |
| P (Everpure) | $140.14 | 78.2 | $111.65 | 25.5% | 11.22% | 51.62% | 58.8% | 78.1% | 🔴 Extended, above 200-day, positive year |
| AIQ | $66.23 | 60.5 | $64.78 | 2.2% | 0.39% | 4.99% | 31.62% | 15.5% | 🟢 Neutral-healthy, above 200-day, positive year |
| SMH | $630.6 | 68.6 | $584.15 | 8% | 3.96% | 14.55% | 86.44% | 26.2% | 🟢 Neutral-healthy, above 200-day, positive year |
Tier Analysis
| Tier | Names | Read |
|---|---|---|
| Capitulation (RSI under 25) | none | — |
| Oversold (RSI 25-40) | none | — |
| Extended (RSI 70+) | TSM, P | Strong trends, stretched on the short average |
| Neutral and healthy (RSI 40+) | everything else | Intact trends except TAC |
Entry Zones
| Stock | Level to watch | Thesis |
|---|---|---|
| P | 20-day $111.65 | Most extended name on the board; a pullback toward the short average is the normal reset |
| TSM | 20-day $441.12 | Just crossed 70 |
| AMZN | 200-day $241.36 | Pullback inside intact trend |
| ARM | 20-day $281.7 | Flag-style holds above the short average |
| TAC | 200-day $12.91 | Below the line; trend under test |
Action Matrix
| Action | Names | Why |
|---|---|---|
| 🔒 HOLD | NVDA, ASML, MRVL, SMH, AIQ | Intact trends, not overextended |
| 🔍 WATCH | AMZN, PLTR, ARM, TAC | Pullback or weak long-horizon read |
| ⚠️ CAUTION | P, TSM | RSI 70+; chasing is poor risk/reward |
What To Watch Next
- Does Everpure consolidate on the 20-day or reverse after a 50%+ month?
- Does TSMC hold above RSI 70 or pull back as the extended band widens?
- Does Arm resume its trend or does the flat week turn into a deeper flag?
- Does TAC reclaim its 200-day?
Sources
- Tape data: pre-computed desk summary, as of the 2026-10-02 close (ai-infra).
Related
10 eventsNo direct external sources are attached to this read.