Happy Tuesday! A seismic shift is underway in the AI chip race — and it's not about GPUs this time. As Wall Street begins to size up the $30 billion custom ASIC market, two tech giants are making bold moves. Read on to see which one looks ready to soar.

Also, the idea of retirement at 65 may be slipping into the past, as BlackRock CEO Larry Fink indicated, challenging decades of financial wisdom. With the rules of work and wealth-building rapidly evolving, are you ready to adapt your strategy? Here’s why your financial future might depend on it.

Plus, if you’re looking for an AI tariff play that’s powering Meta, OpenAI and Oracle, check out today’s sponsor. 

In today's edition

• MARKET RECAP

• FIVE ZINGERS

• MARKET HISTORY

• ONE FOR THE ROAD

Broadcom, Marvell Ride The $30B ASIC Wave — But Only One Looks Ready For Takeoff

A massive wave is forming beneath the surface of the AI boom — and it’s not about GPUs anymore.

The spotlight has shifted to custom AI chips — known as ASICs — and two silicon powerhouses are jockeying for dominance: Broadcom and Marvell. As hyperscalers like Amazon, Google and Meta scramble for next-generation performance, the demand for these tailor-made chips is soaring, with the market expected to hit $30 billion next year.

Both Broadcom and Marvell have landed major design wins, the kind of bleeding-edge tech that powers tomorrow’s AI breakthroughs. But while the opportunity looks similar on paper, the momentum is anything but. One company is riding high on market share, revenue growth and stock performance. The other? Battling back from a rough stretch, despite big-name clients and bold analyst targets.

So, which chipmaker is primed to ride this $30 billion wave and could be worth considering for your portfolio? Read on to find out.

AI is breaking the internet’s brain.

Training was the gold rush.

But inference — running real-world AI apps — is where the NEXT round of major profits could well be made.

And one surprising chipmaker is already shipping faster, cheaper hardware than Nvidia… and powering Meta, OpenAI and Oracle.

We named it our #1 AI tariff play.

It’s up +35% since our entry, but the real breakout could be just beginning.

Read our full breakdown before this window closes.

Yesterday: After a sharp selloff on Friday due to the escalation of hostilities between Israel and Iran, U.S. indexes recovered on Monday, with the Nasdaq (+1.52%), S&P 500 (+0.94%) and Dow (+0.75%) all finishing positive on the day. Monday’s optimism centered around reports that Iran asked several countries to engage with the United States to put pressure on Israel for a ceasefire. In the meantime, the attacks continued for a fourth day on Monday, with the two countries targeting each other’s energy facilities. In addition, Treasury yields edged up, with the 10-year yield ending near 4.46%. Investors now turn their attention to May’s retail sales and the Fed’s policy decision on Wednesday, with expectations for steady rates and updated economic projections.

On Our Radar: Analysts will be monitoring the release of business inventories and home builder confidence — due later this morning — for fresh insights into supply chain conditions and the health of the housing market. On the earnings front, all eyes will be on La-Z-Boy (LZB), which will report results after market close today.

Major Deal?: Shares of AMD soared nearly 10% on Monday and hit a six-month high in the process. Check out the full story to see what sparked the huge rally, including rating upgrades and rumors of a major deal with a big customer.

App-solute Winner: Digital Turbine topped analyst expectations on both the top and bottom lines, sending shares up more than 10% after hours. With bold guidance and rising momentum, discover why investors are taking notice.

AI Race: OpenAI just landed a $200 million defense contract, gearing up to bring AI to the front lines of modern warfare. Here are the details around how this mega deal supercharges OpenAI’s growth.

Runway Ready: Southwest Airlines is rolling out Honeywell’s advanced runway safety tech across its entire Boeing 737 fleet, aiming to make takeoffs and landings safer than ever. With new innovations on the horizon, see why this is a game-changer for both companies.

Chip Clash: Taiwan has blacklisted Huawei and SMIC, escalating the high-stakes battle to control the global chip supply amid national security concerns. Dive into the details to see how this move could reshape the chip supply chain and impact tech giants worldwide.

These market patterns come around just once a year – one with an astonishing 90% historical win-rate. Get the exact dates and tickers live on June 18th during the ‘Power Pattern Profits’ LIVE event.

On This Day In 2024…

The Aaron’s Company announced a merger agreement with fintech firm IQVentures Holdings, valuing the company at approximately $504 million. Shareholders received $10.10 per share in cash — a 34% premium over the stock’s June 14 closing price. The merger marked a significant shift in the retail leasing space, with a traditional brick-and-mortar operator being absorbed by a tech company. The move highlighted the ongoing transformation in consumer finance, as fintech firms continued to seek growth through strategic acquisitions of legacy businesses.

QUOTE OF THE DAY

“The best economic predictor is the stock market.”

— Stanley Druckenmiller

BlackRock CEO Larry Fink Agrees People May Work Until They Die But Asks What's Wrong With That? — Most Jobs Aren't 'Backbreaking' Like 50 Years Ago

BlackRock CEO Larry Fink recently made waves by saying some Americans “may have to work until they die.” His point? The traditional retirement timeline is shifting — and so must your investment strategy.

With Americans living longer — with 25% lacking any retirement plan — Fink argues that working well past 65 will become a reality for many, and that it’s important to rethink how to build wealth over the long term.

“The key is putting that money to work. It's not keeping money in a bank account. It's about the compounding of a return, said Fink.“

For those looking to build their nest egg, understanding the evolving landscape is critical. Are your portfolios aligned with the future where working longer — and investing smarter — are key to financial security?

Read on for the full breakdown of what Fink had to say, as well as how to position your investments for the decades ahead.

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