LRCX · Lam Research Corporation

TSEM

Tower Semiconductor Ltd.

Specialty-foundry recovery confirmed but fails (rank 35%), thin Israeli ADR co-mover, catalyst digested; volatile post-earnings base LRCX/KLAC are cleaner cluster expressions.

AEHR

Aehr Test Systems

AI-test ACCELERATING but +400% YTD blowoff, William-Blair-day catalyst passed, insiders selling wants the $80-90 shelf retest into ~7/7 Q4.

AXTI

AXT Inc

InP-substrate supplier to the AI optical-interconnect build (Q1 InP >50% of rev, record $100M backlog, Q2 guided to first profit in years). But the tape broke: -16% on 6/5 to ~$89 on a >$22M CEO insider sale, -38% off the 5/26 $143 ATH, losing the $90 base. Narrative intact, structure distributing stand aside until a higher-low base reforms above $100.

COHU

Cohu, Inc.

AI-compute test picks-&-shovels re-rate still ACCELERATING: Q1 orders +57% YoY, FY26 guide raised +20-25%, AI pipeline ~$750M, sell-side targets $53-60. Eclipse xPU handler + Neon HBM inspection are the leg. Extended at 52-wk highs (~$56) with no catalyst inside 30d; next binary is the ~2026-07-30 Q2 print.