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· Baskets
Baskets
Sub-sector baskets across compute, memory, energy, and networking. Each tracks its binding bottleneck. Click any card for the full thesis: constraint stack, breadth, roster.
Benchmark
SPY · 1D
+0.0%
SPY · 7D
+1.7%
SPY · 30D
+9.8%
SPY · YTD
+5.9%
as of 2026-05-06
⚡ What flipped this week
Networking optical
TIGHT
→
SHORTAGE
Networking: Optics & Transceivers
+15.7% vs SPY
Networking: Switch Systems
+7.3% vs SPY
Gas turbines
TIGHT
→
SHORTAGE
Power Equipment
+4.3% vs SPY
WFE composite
TIGHT
→
SHORTAGE
Semi Equipment: WFE
+3.4% vs SPY
Hyperscaler PPA flow
BALANCED
→
TIGHT
⚠ DIVERGENT
Power Gen: Nuclear & Fuel
-1.4% vs SPY
All
27
Compute
14
Memory
3
Energy
6
Networking
4
Period
1d
7d
30d
YTD
Sort
Biggest swing
Outperforming
Underperforming
Recently flipped
?
What pills mean
Basket verdict
Editorial read on a basket move. Shown on /companies/baskets cards.
◆ NARROW
Basket up, but one ticker carries >40% of the move. Single-name exposure hidden.
✓ CONFIRMED
Substrate flipped tighter this week, basket up, breadth across multiple names.
▴ EARLY
Substrate flipped tighter this week. Price has not reacted yet.
⚠ PRICE AHEAD
Basket up, but the binding constraint is balanced/loose. No substrate support.
? NEEDS PROOF
Substrate has been tight/severe for 30+ days. Basket has not moved.
Regime
Constraint state. Shown on /constraints and /sectors hero rows.
SHORTAGE
Severe scarcity; pricing power and lead times peak.
TIGHT
Demand exceeds supply at the margin; lead times stretched.
BALANCED
Supply and demand near equilibrium; no obvious tension.
LOOSE
Inventory accumulating; pricing power eroding.
SURPLUS
Demand well below supply; pricing under pressure.
Networking
4 baskets
Median:
+11.5%
vs SPY · Range:
+18.6%
to
-8.0%
Networking: Interconnect Silicon
7 names
Constraint ·
Blackwell GPU
+18.6%
vs SPY · 7D
raw +20.3%
◆ NARROW
Top mover
MXL
+57.0%
Networking: Optics & Transceivers
8 names
Constraint ·
Networking optical
+15.7%
vs SPY · 7D
raw +17.4%
✓ CONFIRMED
Top mover
AAOI
+31.6%
Networking: Switch Systems
4 names
Constraint ·
Networking optical
+7.3%
vs SPY · 7D
raw +9.0%
◆ NARROW
Top mover
CLS
+15.5%
Networking: Copper & Cables
4 names
Constraint ·
AI server capacity
-8.0%
vs SPY · 7D
raw -6.3%
Top mover
VLX.L
-15.3%