This content is supported by <\/em>MEXC Learn<\/em><\/a>, an educational initiative covering Web3 trends, market insights, and crypto learning resources.<\/em><\/p>\n The second quarter of 2026 ended with a stunning closing signal: the Dow Jones Industrial Average broke its historical record, and the US stock market recorded its strongest quarter since 2020. However, the market has not yet recovered from the celebration. On July 1st, Meta dropped a heavy bomb\u200a\u2014\u200aofficially announcing its entry into Cloud Services and launching \u201cMeta Compute\u201d, directly challenging AWS, Azure, and Google\u00a0Cloud.<\/p>\n Everything that happened this week is not just market noise, but a precursor to the upcoming structural restructuring of the AI industry ecosystem. This article will break down the core investment logic of the US stock market in the second half of 2026 from five main\u00a0threads.<\/p>\n Get 10 USDT for\u00a0Free!<\/strong><\/a><\/p>\n Meta Compute is a Cloud Service business officially announced by Meta Platforms on July 1, 2026, allowing external companies to purchase Meta\u2019s AI computing resources and model API access. This means that Meta has transformed from a \u201cpure AI computing power purchaser\u201d to an \u201cAI computing power\u00a0seller\u201d.<\/p>\n This is one of the most significant business model transformations in the AI industry in recent\u00a0years.<\/p>\n The market\u2019s initial reaction to Meta Compute is that the stock prices of independent cloud computing companies such as CoreWeave and Nebius have fallen sharply. However, upon further analysis, the competitive barriers between the two are completely different.<\/p>\n Key insight: Meta can bundle the Llama model with computing power, providing enterprise customers with a \u201cone-stop AI solution\u201d rather than a pure computing commodity. This is a differentiated advantage that independent Cloud as a Service provider cannot replicate.<\/p>\n NVIDIA (NVDA<\/a>)\u00a0: Meta Compute is built on NVIDIA\u2019s AI infrastructure, and the demand for computing power has not only not decreased, but has expanded due to the acceleration of monetization.<\/p>\n Arista Networks (ANET<\/a>): Leading player in hyperscale data center network switch, Meta\u2019s new round of expansion directly drives high-speed network infrastructure orders.<\/p>\n CoreWeave\u00a0: Short-term impact, but Meta and its 21 billion dollars long-term locked contract until 2032, short-term stock price decline or overpricing.<\/p>\n One of the most shocking news in consumer electronics in 2026 is that Apple and Microsoft voluntarily raised the prices of their products, and the direct reason points to one word: DRAM contract prices have risen sharply\u00a0.<\/p>\n This is not an accidental event, but an inevitable result of the AI memory\u00a0battle.<\/p>\n Why can\u2019t consumer electronics manufacturers digest it on their own this\u00a0time?<\/p>\n In the past, every round of DRAM price increases, consumer electronics manufacturers such as Apple, Samsung, and Lenovo would usually absorb upstream cost pressures on their own to maintain product competitiveness. But this round in 2026 is different.<\/p>\n AI Data Center\u2019s unprecedented demand for memory has compressed the purchasing bargaining space of consumer electronics manufacturersThe production capacity of the DRAM supply side (mainly MU, Samsung, SK Hynix) is prioritized towards HBM, and the supply of general DRAM is\u00a0tightThe cost increase far exceeds any previous memory cycle and cannot be digested internally<\/p>\n This is a highly signaling turning point: the pricing power of storage vendors has undergone a structural shift\u00a0.<\/p>\n Micron Technology (MU)\u00a0: The strongest quarter in Q3 revenue history, Q4 guidance continues to exceed expectations; HBM\u2019s full-year capacity for 2026 has been fully sold out, and the capacity reservation for 2027 has been launched. This week\u2019s profit correction does not change the fundamental direction.<\/p>\n SanDisk (SNDK)\u00a0: Separated from Western Digital, it is a pure AI NAND target. The cumulative increase in NAND contract prices in 2026 is significant, and institutions generally raise their target prices. As a new spin-off company, the initial volatility is relatively large, but the fundamentals benefit from the same\u00a0trend.<\/p>\n SanDisk was officially spun off and listed independently from Western Digital (WD) in 2026, becoming a pure company focused on NAND flash memory. The spin-off logic is as\u00a0follows:<\/p>\n The valuation logic of WD\u2019s HDD (traditional mechanical hard disk) business is very different from that of NAND business, and the market gives HDD business a lower valuation multiple, dragging down the overall market\u00a0valueAfter independence, SNDK can obtain a valuation premium that matches the NAND super\u00a0cycleManagement can focus more on AI Data center enterprise NAND product\u00a0roadmap<\/p>\n AI training and inference require massive data\u00a0storage.<\/p>\n Training datasets for large language models (LLM) often reach the petabyte\u00a0levelThe demand for low-latency storage in AI inference scenarios has exploded (NVMe SSD replaces traditional storage).Meta, Microsoft, Google and other large-scale Data centers continue to expand, and each new Data center requires a large number of enterprise-level NAND<\/p>\n This means that SNDK is in an important position in the AI infrastructure demand\u00a0chain.<\/p>\n The computing requirements of AI clusters place extremely high demands on the internal network of data\u00a0centers.<\/p>\n GPUs require extremely low latency and ultra-high bandwidth interconnection (InfiniBand or Ethernet).A single AI training cluster often has thousands to tens of thousands of GPUs, and the cost of network equipment accounts for a significant increase in the overall data center investmentMeta and Microsoft\u2019s new round of hyperscale Data center expansion directly drives demand for high-performance Ethernet\u00a0switches<\/p>\n Arista Networks (ANET) is a leading global data center network switch manufacturer and one of the infrastructure targets directly benefiting from the expansion of AI computing power.<\/p>\n The June Non-Farm Payroll Report (NFP) released on July 2, 2026 is a key reference for the direction of the Federal Reserve\u2019s Monetary Policy in the second half of the year. The market generally expects employment to be lower than the previous value. If the actual data is weak, it will send the following signals to the\u00a0market.<\/p>\n Labor Market Cools \u2192 Wage Inflationary Pressure\u00a0EasesFed rate hike path \u2192 October\/December rate hike probability loweredGrowth stocks benefit \u2192 risk-free interest rate expectations decline, high-valuation technology stocks valuation space\u00a0reopened<\/p>\n Verification 1: Federal Reserve Path (July FOMC is a key\u00a0node)<\/p>\n The July FOMC meeting will be the most important time window for the market to reprice the path of interest rate hikes. If NFP is weak and inflation data is moderate, the probability of pausing interest rate hikes will increase, and growth stocks will receive valuation support.<\/p>\n Verification 2: Q2 financial report season (starting from mid-July)<\/p>\n This is a more direct question than macro data: Can AI capital expenditures translate into actual revenue growth for\u00a0Mag7?<\/p>\n If the Q2 financial report season is stronger than expected, the \u201csoft landing + AI-driven growth\u201d narrative will receive the strongest fundamental endorsement, and the expansion of growth stock valuation will be more sustainable.<\/p>\n If the Q2 financial report season is stronger than expected, the \u201csoft landing + AI-driven growth\u201d narrative will receive the strongest fundamental endorsement, and the expansion of growth stock valuation will be more sustainable.<\/p>\n Q1: Will Meta Compute damage\u00a0NVDA?<\/strong><\/p>\n No, it\u2019s actually a benefit. Meta Compute is built on NVIDIA\u2019s AI infrastructure. Meta\u2019s entry into the Cloud Service market means it will continue to purchase a large number of NVIDIA GPUs. Large-scale manufacturers have shifted from \u201cbuying computing power\u201d to \u201cselling computing power\u201d, expanding the scale of the entire AI computing power market. As an upstream chip supplier, NVDA is the most direct\u00a0winner.<\/p>\n Q2: MU and SNDK fell sharply this week, can we still hold\u00a0on?<\/strong><\/p>\n This week\u2019s decline is a profit correction, not a signal of fundamental reversal. MU\u2019s HBM 2026 production capacity has been fully sold out, and Q4 revenue guidance has greatly exceeded expectations; SNDK\u2019s NAND pricing trend has not changed. The core logic\u200a\u2014\u200aAI memory super cycle\u200a\u2014\u200astill holds. The price increases of Apple and Microsoft are precisely the most powerful evidence of this\u00a0logic.<\/p>\n Q3: What are the risks of SNDK as a new spin-off\u00a0company?<\/strong><\/p>\n The main risks include: \u2460 The liquidity of the new Listed Company is relatively low and volatile; \u2461 The initial valuation discovery of the spin-off takes time; \u2462 If the NAND price cycle reverses, the downward trend may exceed MU. However, from the perspective of the structural growth of AI Data center demand, the medium-term logic is still\u00a0clear.<\/p>\n Q4: Why did AAPL rise this\u00a0week?<\/strong><\/p>\n Apple\u2019s price increase (MacBook\/iPad) is actually a positive signal: it shows that its pricing power is still strong, and consumers are willing to pay for AI devices with more memory. At the same time, if the Fed\u2019s interest rate hike path softens, Apple, as a high-free cash flow growth consumer technology stock, will also directly benefit from valuation revaluation.<\/p>\n Q5: What should we pay the most attention to in the second half of the\u00a0year?<\/strong><\/p>\n Two main threads: \u2460 July FOMC decision + NFP data\u200a\u2014\u200adetermining the path of interest rate hikes, affecting the valuation of all growth stocks; \u2461 Q2 financial report season (starting from mid-July)\u200a\u2014\u200athe realization of AI revenue from Meta, NVDA, and MSFT is the real test question that determines whether Mag7 can maintain a high valuation.<\/p>\n Get 10 USDT for\u00a0Free!<\/a><\/p>\n Disclaimer:<\/strong> This content is based on open market information as of July 2, 2026, independently compiled by the MEXC US stock spot team, for reference only, and does not constitute investment advice. The market is risky, and investment needs to be cautious.<\/p>\n Meta Takes on AWS: 5 Key Investment Themes for U.S.<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" Meta Takes on AWS: 5 Key Investment Themes for U.S. Stocks in Q3 2026 as the AI Landscape Reshuffles This content is supported by MEXC Learn, an educational initiative covering Web3 trends, market insights, and crypto learning resources. The second quarter of 2026 ended with a stunning closing signal: the Dow Jones Industrial Average broke […]<\/p>\n","protected":false},"author":0,"featured_media":193417,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-193416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/193416"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=193416"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/193416\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/193417"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=193416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=193416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=193416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Main Line 1: Meta Compute\u200a\u2014\u200aAI moves from infrastructure to platform, and large-scale manufacturers begin to sell computing power.<\/h3>\n
What is Meta Computing?<\/h3>\n
What is the essential difference between Meta Compute and CoreWeave?<\/h3>\n
Who are the real beneficiaries of Meta\u00a0Compute?<\/h3>\n
Main Line 2: Apple + Microsoft Price Increase\u200a\u2014\u200aDRAM Super Cycle, Pricing Power Has Structurally Changed<\/h3>\n
Why are Apple MacBook and Microsoft Xbox significantly increasing in\u00a0price?<\/h3>\n
The core logic of DRAM super\u00a0cycle<\/h3>\n
Relevant stock investment logic<\/h3>\n
Main Line 3: SNDK\u200a\u2014\u200athe new protagonist of the AI NAND era, the investment logic of spin-off\u00a0listing<\/h3>\n
Why was SanDisk spun off from Western\u00a0Digital?<\/h3>\n
Why does AI Data Center need a large amount of\u00a0NAND?<\/h3>\n
Main Line 4: Arista Networks\u200a\u2014\u200aAI Data Center Invisible Beneficiary, Expanding Continuously<\/h3>\n
Why does the AI era need a better network\u00a0switch?<\/h3>\n
An Overview of ANETs Investment Logic<\/h3>\n
Main thread 5: June NFP and Fed path\u200a\u2014\u200athe most important macro variables in the second half of the\u00a0year<\/h3>\n
What does the June NFP employment report\u00a0mean?<\/h3>\n
Two core verifications in the second half of the\u00a0year<\/h3>\n
Review of the performance of core targets this\u00a0week<\/h3>\n
IV. Frequently Asked Questions FAQ<\/h3>\n