AI compute stocks plunge across the board
At the close of U.S. markets on October 13, optical communications and the AI compute supply chain led the declines. Ciena fell 9.95%, Lumentum fell 9.78%, Micron fell 3.88%, Arm fell 4.15%, CoreWeave fell 2.22%, and the Nasdaq fell 0.44%.
Money is pulling out of AI hardware. The compute sector in the supply chain was bound to follow it down this time. I won't add to my position unless the previous low I'm watching is broken.
For those of you holding compute tokens, what price range did you get in at?
$TAO $RENDER $BTC
At the close of U.S. markets on October 13, optical communications and the AI compute supply chain led the declines. Ciena fell 9.95%, Lumentum fell 9.78%, Micron fell 3.88%, Arm fell 4.15%, CoreWeave fell 2.22%, and the Nasdaq fell 0.44%.
Money is pulling out of AI hardware. The compute sector in the supply chain was bound to follow it down this time. I won't add to my position unless the previous low I'm watching is broken.
For those of you holding compute tokens, what price range did you get in at?
$TAO $RENDER $BTC