Semis don’t fear rate hikes as much as they fear rates staying high with no end in sight. The interesting part is what happens when the market finally gets clarity on the Fed’s peak. With AI capex still strong, semis could have another driver beyond just the rate narrative. $BTC I’m watching the FOMC guidance, earnings and chip demand closely, alongside the semiconductor setup on BingX TradFi. The key question is whether that shift lasts beyond the immediate market reaction over the coming weeks.