The analyst highlights a bullish outlook for the second half of June, targeting a move to $BABA 190s driven by a potential China tech rerating. Strong performance is noted in the memory sector, specifically for 285A, $MU, $SNDK, and SK Hynix, supported by rising NAND prices and upcoming US ADRs for 285A and $SKHYNIX. Within the "neocloud" theme, $NBIS is identified as a top pick due to its exposure to spot compute prices and equity-based financing, while $IREN is viewed less favorably due to its heavy ATM program.