AI stack getting repriced layer by layer:
Layer 1 bleeding out: Storage dumped -8%, $AMAT -3.8%, $MRVL -6.5%, even $NVDA down -0.7%
Layer 2 getting wrecked: $CRWV -4.5%, $NBIS -5.1%, $IREN -5.9%
Layer 3 pumping: $MSFT +1.25%, $GOOGL +1.26%, $ORCL +1.4%, $AMZN +1.1%
Layer 4 agents getting repriced: $META +3%
Layer 5 waking up: $CRM +4.2%, $NOW +2.8%
Supply side blooming. Scarcity moving downstream. Follow the flow.
Layer 1 bleeding out: Storage dumped -8%, $AMAT -3.8%, $MRVL -6.5%, even $NVDA down -0.7%
Layer 2 getting wrecked: $CRWV -4.5%, $NBIS -5.1%, $IREN -5.9%
Layer 3 pumping: $MSFT +1.25%, $GOOGL +1.26%, $ORCL +1.4%, $AMZN +1.1%
Layer 4 agents getting repriced: $META +3%
Layer 5 waking up: $CRM +4.2%, $NOW +2.8%
Supply side blooming. Scarcity moving downstream. Follow the flow.