Synaptics is a buy below $65 in this correction for its edge AI chips for IoT and automotive. For investors under 35, the broader market correction is a gift. x.com 

Synaptics' fundamentals are starting to inflect after a two-year base, with EPS expected to rise from $2 in 2024 to $6-7 by 2028 and revenue recovering toward steady growth. It designs Wi-Fi, touch and IoT connectivity and interface chips for smart devices and edge computing. x.com  x.com 

Onsemi's Synaptics deal matters more than most investors realize, marking a major move into physical AI through Synaptics' edge AI compute, connectivity and software, with far greater exposure to robotics and intelligent edge systems. Shares fell 21% on the all-stock structure's dilution, a short-term negative against long-term strategic benefits; an all-cash or mixed deal would have been preferable. x.com  x.com 

Semiconductors look relatively cheap against the S&P 500, while their earnings are growing much faster, barring an EPS reset. The selloff looks overdone, though that does not mean it reverses tomorrow. x.com 

Synaptics stands to benefit as AI moves out of data centers into physical devices, a read-through from Micron's results. Micron said L2+ vehicles carry 5x the memory and storage of average cars and humanoid robots carry 10x that of L2+ vehicles. Physical AI needs local compute, sensing, connectivity and low-power inference, which is Synaptics' lane. x.com 

US large-cap equities offer a smoother path higher than individual stocks as returns become more dispersed, with different sectors leading each day. Indexes are near all-time highs, and earnings season in two weeks could bring rerating and an S&P 500 breakout if earnings growth keeps momentum. Yields are back at all-time highs and a rate scare may come this week; any macro-driven drawdown is a chance to add risk. x.com 

Berkshire Hathaway is effectively a lower-beta version of the S&P 500 unless Greg Abel reinvents the wheel, and that makes it a better buy than the index during selloffs like this one. Its 20-year total return exactly matched the S&P 500's at 694.6%, with milder drawdowns but milder upside in tech-led rallies. Much of its roughly $400B cash pile is insurance float, so less is available for buying stocks, and outside tech nothing big enough is both deep value and growth to be the next Apple. … Show more

US large caps have become cheaper this year because earnings estimates have risen faster than prices. The S&P 500's EPS estimate for this year rose 16%, from $31 to about $36 on SPY, against a historical average downward revision of 3%, while SPY is up 13%. Nasdaq 100 estimates rose 14% and semiconductor estimates 41%, while software estimates fell 28%. x.com 

Camtek is cheap against its earnings. At $146.79 it trades at 31x earnings, while chip-equipment makers usually get 38x. Fair value is $160.15–$203.82, or 38x next year's $4.79 a share give or take 12%, leaving the stock 8% under the low end. The read leans on the forecast, with forward earnings 154% above trailing. This is a levels-only read off reported earnings and revenue estimates, with no fundamental work. x.com 

MediaTek remains arguably attractive after strong Q2 earnings driven by Google TPU upgrades. Q4 2026 ASIC revenue was raised to over $2B and 2027 ASIC revenue to about $12-16B from $7-12B. Smart Edge strength cushioned weak smartphone sales, and it is engaged with several new ASIC customers, rumored to include SpaceX. Negatives: higher opex hurts operating margins, future TPU gross margins won't improve, and some Smart Edge revenue reflects passed-on memory costs. x.com