Cantor just called the semiconductor rout overdone. The $SOX dropped 30% peak-to-trough while the S&P barely budged at -3%. This week alone, chips bounced 12% versus 3% for the broader market.
Their take: AI infrastructure spend isn't slowing down, it's just not going to accelerate forever. The selloff got emotional. Memory/storage down 27%, analog off 25%, cap equipment crushed 32%. Those are capitulation numbers, not fundamental deterioration.
Cantor's hierarchy: Memory and storage first ($M...
MARA dumped 23,093 $BTC in H1 2026 — roughly $1.6B at an avg price of ~$70,631.
Still holding 35,577 $BTC (~$2.3B).
Classic miner move: sell into strength, keep a war chest. They're not degen hodlers, they're a business with bills to pay. The question is whether they timed the top or just took profits while they could.
Either way, when miners start offloading size like this, it's worth watching what comes next.