$AMDB It got dumped even harder than NVDA today
After Jensen Huang left, investors had planned to rotate out of NVDA and into AMD and AVGO to bet on orders shifting over. Instead, those positions were all closed out in a single day, and the entire AI supply chain was marked down—new cloud companies, optical modules, and servers all fell along with it.
On top of that, the 10-year Treasury yield has climbed back above 5%, and next week's massive ANT IPO is expected to drain liquidity. Investors are freeing up cash in advance, and high-valuation AI stocks are taking the hit first.
This isn't a full-blown crash yet—the broader market hasn't collapsed across the board. It's more of a correction within the AI sector.
After Jensen Huang left, investors had planned to rotate out of NVDA and into AMD and AVGO to bet on orders shifting over. Instead, those positions were all closed out in a single day, and the entire AI supply chain was marked down—new cloud companies, optical modules, and servers all fell along with it.
On top of that, the 10-year Treasury yield has climbed back above 5%, and next week's massive ANT IPO is expected to drain liquidity. Investors are freeing up cash in advance, and high-valuation AI stocks are taking the hit first.
This isn't a full-blown crash yet—the broader market hasn't collapsed across the board. It's more of a correction within the AI sector.
