Have U.S. stocks stopped falling? The correction in AI and semiconductors may not be over yet!
After several days of sharp declines, U.S. stocks were noticeably calmer tonight. But for now, I don’t think the market has finished correcting.
This looks more like sentiment settling after panic selling, with investors starting to step in—but without a genuine rebound taking shape yet.
Over the past 24 hours, South Korean stocks rebounded first, with the KOSPI closing up 2.05%. U.S. stocks didn’t follow suit. Not every sector is weak: banks and financial stocks have clearly outperformed tech.
The key thing to watch in this correction is where investors are putting their money!
Yesterday, $MU Micron rebounded from around $860 to above $930, but today it fell back to around $900 intraday. SanDisk and $SNDK AMD also remained under pressure. NVIDIA, by contrast, showed some resilience and began to pull away from some other chip stocks. That matters more than the index’s gains or losses.
After consecutive declines, the market is no longer selling everything indiscriminately, but investors aren’t rushing back into the memory and semiconductor stocks that had led the previous rally, either.
Inflation pressures, elevated Treasury yields, and the market’s reassessment of returns on AI investment will all take time to work through.
Still, TSMC’s latest earnings report was strong, and AI demand hasn’t suddenly disappeared just because share prices have corrected. This looks more like an adjustment in valuations and positioning than a rejection of the entire AI industry thesis.
In the short term, I expect more choppy trading. Next week will be crucial: will the market find support here and rebound, or continue its free fall and produce a black swan before the midterm elections?
#AI和半导体股本周市值损失超1万亿美元
After several days of sharp declines, U.S. stocks were noticeably calmer tonight. But for now, I don’t think the market has finished correcting.
This looks more like sentiment settling after panic selling, with investors starting to step in—but without a genuine rebound taking shape yet.
Over the past 24 hours, South Korean stocks rebounded first, with the KOSPI closing up 2.05%. U.S. stocks didn’t follow suit. Not every sector is weak: banks and financial stocks have clearly outperformed tech.
The key thing to watch in this correction is where investors are putting their money!
Yesterday, $MU Micron rebounded from around $860 to above $930, but today it fell back to around $900 intraday. SanDisk and $SNDK AMD also remained under pressure. NVIDIA, by contrast, showed some resilience and began to pull away from some other chip stocks. That matters more than the index’s gains or losses.
After consecutive declines, the market is no longer selling everything indiscriminately, but investors aren’t rushing back into the memory and semiconductor stocks that had led the previous rally, either.
Inflation pressures, elevated Treasury yields, and the market’s reassessment of returns on AI investment will all take time to work through.
Still, TSMC’s latest earnings report was strong, and AI demand hasn’t suddenly disappeared just because share prices have corrected. This looks more like an adjustment in valuations and positioning than a rejection of the entire AI industry thesis.
In the short term, I expect more choppy trading. Next week will be crucial: will the market find support here and rebound, or continue its free fall and produce a black swan before the midterm elections?
#AI和半导体股本周市值损失超1万亿美元