I feel that aapl lucked their way into avoiding the fall into the AI hole.
They likely saw it was the next big thing, tried to do something (like most of their side quests) then bombed out.
Thing is, aapl always retreats to what is safe, so they made the call to put a stop to whatever in house project they had, then started onboarding from external companies.
Once you avoid the pressure of having to constantly be the number one AI model, you don't have to sell your house, and can better focus your efforts elsewhere
SanDisk Crashes 14% — Do China's New Trade Barriers Kill the Flash Story?
SanDisk plummeted 14.25% Tuesday and extended losses another 3.23% after hours, as sector peer Western Digital faced reports of new Chinese market barriers, layered on top of SK Hynix's revenue miss — prompting traders to declare "the AI memory trade is unraveling." Options implied volatility surged sharply, signaling markets pricing in major two-way swings ahead of earnings, while a 43x P/E multiple against a 7x forward estimate creates a stark valuation disconnect. With narrative and valuation in open conflict, is this selloff an overreaction or the first crack in a collapsing bubble?
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