U.S. Stocks After Hours: Are AI Tech Stocks Done Falling? Key Moving Averages Broken, and Investors Are Pulling Out!
AI tech stocks remained under pressure today, with semiconductor and AI hardware stocks facing heavy selling. Many popular stocks have fallen below key moving averages, and the market is reassessing valuations across the AI supply chain.
1. Intel (INTC)
The stock is about 40% below its 50-day moving average and about 31% below its 200-day moving average, putting it well outside its normal range relative to these averages. Even if it rebounds, significant resistance from the moving averages and trapped holders remains overhead.
2. NVIDIA (NVDA)
It has fallen below the 200-day moving average near $204. Even if it rebounds after hours, that alone is not enough to call a trend reversal; the semiconductor sector remains weak overall.
3. Apple (AAPL)
Its post-earnings performance has continued to weaken, and the stock has fallen below $330. If it cannot quickly reclaim the 50-day moving average near $334, it could continue to weigh on the Nasdaq.
4. AMD (AMD) and TSMC (TSM)
Both companies have also come under selling pressure recently, suggesting that the market is adjusting its appetite for the entire semiconductor sector—not just individual companies.
5. AI Cloud Computing: CRWV, NBIS
CoreWeave and Nebius have both suffered clear technical breakdowns. AI cloud computing has room for long-term growth, but the market is taking another look at capital expenditures, financing pressures, and valuations.
6. Micron (MU) and Dell (DELL)
Micron is showing signs of distribution, as the market reassesses valuations across the AI memory supply chain. Dell's technical picture has also broken down, so avoid blindly buying the dip just because the stock has fallen sharply.
7. Palantir (PLTR)
The stock gapped down after earnings, showing that the market is raising its expectations for highly valued AI companies. Earnings growth alone is no longer enough; future guidance and valuation matter too.
8. Other Stocks to Watch: SPCX, MRVL, LITE, AAOI, TSLA
SpaceX-related stocks continue to weaken, and news of Marvell's acquisition of Lumentum has failed to lift share prices. The optical communications sector also faces valuation pressure. Tesla is another reminder to the market: even the best story does not guarantee a rising stock price.
K-Line Hunter's Take:
The biggest problem facing the AI sector right now is not a lack of industry potential, but that investors are repricing it.
When stocks fall below key moving averages and rebounds remain weak, don't rush to buy the dip.
Wait for the market to stabilize and for money to flow back in before looking for opportunities.
AI tech stocks remained under pressure today, with semiconductor and AI hardware stocks facing heavy selling. Many popular stocks have fallen below key moving averages, and the market is reassessing valuations across the AI supply chain.
1. Intel (INTC)
The stock is about 40% below its 50-day moving average and about 31% below its 200-day moving average, putting it well outside its normal range relative to these averages. Even if it rebounds, significant resistance from the moving averages and trapped holders remains overhead.
2. NVIDIA (NVDA)
It has fallen below the 200-day moving average near $204. Even if it rebounds after hours, that alone is not enough to call a trend reversal; the semiconductor sector remains weak overall.
3. Apple (AAPL)
Its post-earnings performance has continued to weaken, and the stock has fallen below $330. If it cannot quickly reclaim the 50-day moving average near $334, it could continue to weigh on the Nasdaq.
4. AMD (AMD) and TSMC (TSM)
Both companies have also come under selling pressure recently, suggesting that the market is adjusting its appetite for the entire semiconductor sector—not just individual companies.
5. AI Cloud Computing: CRWV, NBIS
CoreWeave and Nebius have both suffered clear technical breakdowns. AI cloud computing has room for long-term growth, but the market is taking another look at capital expenditures, financing pressures, and valuations.
6. Micron (MU) and Dell (DELL)
Micron is showing signs of distribution, as the market reassesses valuations across the AI memory supply chain. Dell's technical picture has also broken down, so avoid blindly buying the dip just because the stock has fallen sharply.
7. Palantir (PLTR)
The stock gapped down after earnings, showing that the market is raising its expectations for highly valued AI companies. Earnings growth alone is no longer enough; future guidance and valuation matter too.
8. Other Stocks to Watch: SPCX, MRVL, LITE, AAOI, TSLA
SpaceX-related stocks continue to weaken, and news of Marvell's acquisition of Lumentum has failed to lift share prices. The optical communications sector also faces valuation pressure. Tesla is another reminder to the market: even the best story does not guarantee a rising stock price.
K-Line Hunter's Take:
The biggest problem facing the AI sector right now is not a lack of industry potential, but that investors are repricing it.
When stocks fall below key moving averages and rebounds remain weak, don't rush to buy the dip.
Wait for the market to stabilize and for money to flow back in before looking for opportunities.