Reuters dug up a story today that’s more interesting than the Nasdaq’s plunge: Nvidia chips are piling up in Hong Kong, while Beijing drags its feet on approving import licenses.
$NVDA plunged more than 9% last night, and the Philadelphia Semiconductor Index fell 12%. Everyone’s talking about fears of AI regulation after a Democratic sweep. But I think this is the real bombshell—both of the world’s AI engines are hitting the brakes at the same time: regulatory clouds are gathering over the U.S. after the election, while China is holding chips at the port and refusing to let them through. Nvidia is caught in the middle. Who can it turn to for help?
Copper prices have already led the way down, hitting their lowest level since July. Copper doesn’t lie: the market is pricing in a slowdown in AI infrastructure, and overnight, both the AI and tariff bullish narratives were snatched away.
$BTC is stuck at 75,810, with more than $1 billion in liquidations across the crypto market. Crypto has no safe-haven status: when stocks get hit with valuation cuts, it gets dragged down too. Don’t rush to buy the dip in this market.
The jobs report is due tonight, U.S.-Iran talks are still up in the air this weekend, and tankers in the Strait of Hormuz are hitting mines every day. It’s Friday—your position size matters more than your opinion. First, make it through tonight.
NFA DYOR
#比特币 #英伟达 #美股 #AI #Cryptocurrency
$NVDA plunged more than 9% last night, and the Philadelphia Semiconductor Index fell 12%. Everyone’s talking about fears of AI regulation after a Democratic sweep. But I think this is the real bombshell—both of the world’s AI engines are hitting the brakes at the same time: regulatory clouds are gathering over the U.S. after the election, while China is holding chips at the port and refusing to let them through. Nvidia is caught in the middle. Who can it turn to for help?
Copper prices have already led the way down, hitting their lowest level since July. Copper doesn’t lie: the market is pricing in a slowdown in AI infrastructure, and overnight, both the AI and tariff bullish narratives were snatched away.
$BTC is stuck at 75,810, with more than $1 billion in liquidations across the crypto market. Crypto has no safe-haven status: when stocks get hit with valuation cuts, it gets dragged down too. Don’t rush to buy the dip in this market.
The jobs report is due tonight, U.S.-Iran talks are still up in the air this weekend, and tankers in the Strait of Hormuz are hitting mines every day. It’s Friday—your position size matters more than your opinion. First, make it through tonight.
NFA DYOR
#比特币 #英伟达 #美股 #AI #Cryptocurrency