AI, CHIPS AND TECH BLEED RED, BTC DUMPS TOO
🔴 Sea of red: AI, tech and chip stocks are dumping hard along with BTC, the heatmap is red across the board with nowhere to hide.
📊 Damage: Bloom Energy -17.52%, SanDisk -16.55%, Western Digital -13.11%, Seagate -13.03%, AMD -13.01%, Vertiv -12.43%, Micron -11.97%, Dell -11.21%, Marvell -11.00%, Qualcomm -10.62%.
🏛️ Cause: Markets fear tighter AI and data-center regulation after Democrats swept both chambers, and the political risk is spreading across chips and storage names.
💬 This is a selloff on political risk, not AI being finished. When the regulation fear fades, money will separate the names actually making money from AI and the ones just riding the theme.
$QQQ $SPY $NVDA
🔴 Sea of red: AI, tech and chip stocks are dumping hard along with BTC, the heatmap is red across the board with nowhere to hide.
📊 Damage: Bloom Energy -17.52%, SanDisk -16.55%, Western Digital -13.11%, Seagate -13.03%, AMD -13.01%, Vertiv -12.43%, Micron -11.97%, Dell -11.21%, Marvell -11.00%, Qualcomm -10.62%.
🏛️ Cause: Markets fear tighter AI and data-center regulation after Democrats swept both chambers, and the political risk is spreading across chips and storage names.
💬 This is a selloff on political risk, not AI being finished. When the regulation fear fades, money will separate the names actually making money from AI and the ones just riding the theme.
$QQQ $SPY $NVDA
