Apparently, memory chip stocks have plunged so sharply over the past few days because a pretty large AI-focused secondary fund got liquidated. Basically, it’s version 2.0 of the July “genius kid” liquidation—just nonstop, aggressive selling.

If the liquidations are mostly over, maybe we’ll see a short-term rebound? https://twitter.com/rjccapital/status/2110783913983365157