amit
2026.07.07 17:46

so is this chip selloff going to be like every other chip selloff in the past two months where the dip gets bought within a few days?

or are people actually selling here

every time you think the momentum is truly fading...dip buyers come in

obviously $Micron Tech(MU.US) getting below $900 is psychologically ugly but I wonder if it's just sweeping liquidity to come back higher

the biggest tell for why I think the dip could get bought: $Amazon(AMZN.US) is getting ready to raise ANOTHER $25B of bonds

the hyperscalers keep levering up...to eventually spend it...on the semis

still, even with these 10-15% declines, most of the semis up 50%-200% YTD

anyone buying today?

Source: amit

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