AI trade losing steam even after $NVDA crushed earnings
Semiconductor stocks getting dumped across the board. Market was betting on Nvidia's beat to revive the AI narrative but Powell's hawkish tone killed the momentum.
Fed chair signaling extended tightening = risk-off mode for high-beta tech. When macro headwinds override fundamentals, even monster earnings can't save you.
This is the reality: liquidity > narrative. AI hype means nothing if the Fed's draining the punchbowl.
Semiconductor stocks getting dumped across the board. Market was betting on Nvidia's beat to revive the AI narrative but Powell's hawkish tone killed the momentum.
Fed chair signaling extended tightening = risk-off mode for high-beta tech. When macro headwinds override fundamentals, even monster earnings can't save you.
This is the reality: liquidity > narrative. AI hype means nothing if the Fed's draining the punchbowl.