$Roundhill Memory ETF(DRAM)$ $iShares Semiconductor ETF(SOXX)$ $Micron Technology(MU)$ I think we might have seen a short-term bottom here. The Meta news feels like a hit piece designed to spook retail out of their positions. The idea that Meta miraculously found all this excess compute is questionable—it didn't come from a magic compute tree, it likely came from the scaling back of the Metaverse venture. It was already known that Meta was positioning itself as a hyperscaler alongside $Microsoft(MSFT)$ , $Amazon.com(AMZN)$ , and Google. The market's reaction seems overblown. If anything, this situation highlights where capital is likely to keep flowing for the foreseeable future: AI. The direction from here could be up.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
