AI trade showing cracks. Semiconductor stocks getting hammered.
The narrative:
• China competition heating up
• Rising rates biting valuations
• Bloated AI infra costs raising red flags
• KOSPI just dumped -5.5% in a single session
The $NVDA-led rally that carried us through 2023-24 is facing real structural headwinds. When Korea's tech index drops 5%+ in a day, it's not just profit-taking—it's a liquidity warning.
Valuations stretched. Cost of capital rising. AI capex questions mounting.
Watch how $NVDA $AMD $TSM react next. If semis roll over, risk-on across crypto could follow. Correlation is real when macro shifts.
The narrative:
• China competition heating up
• Rising rates biting valuations
• Bloated AI infra costs raising red flags
• KOSPI just dumped -5.5% in a single session
The $NVDA-led rally that carried us through 2023-24 is facing real structural headwinds. When Korea's tech index drops 5%+ in a day, it's not just profit-taking—it's a liquidity warning.
Valuations stretched. Cost of capital rising. AI capex questions mounting.
Watch how $NVDA $AMD $TSM react next. If semis roll over, risk-on across crypto could follow. Correlation is real when macro shifts.