Major developments have unfolded in the tech sector this week, all closely linked by the central theme of AI.

Key events to watch:

$NVIDIA(NVDA)$ : Holds its annual shareholder meeting on June 24; guidance regarding the Blackwell architecture will set the tone for AI-related investments.

$Micron Technology(MU)$ : Reports earnings on the same day; sustained growth in HBM demand remains the primary driver of market expectations.

$Alphabet(GOOGL)$ : The narrative surrounding AI infrastructure spending by major hyperscale cloud providers continues to expand.

$Microsoft(MSFT)$ : Remains a central pillar for enterprise AI demand and cloud-related capital expenditure.

$Broadcom(AVGO)$ : Is quietly emerging as a key beneficiary amidst the wave of AI networking and infrastructure build-outs.

The macro picture is clear:

AI demand has not waned—it's rotating across different layers of the technology stack.

From chips → memory → cloud services → networking.

This is no longer a story about a single company, but a cyclical wave sweeping across the entire ecosystem.