To The Moon

Over the past month, the AI sector has shown signs of a major pullback. For example: SK Hynix, the memory chip giant, has plunged 40% from its peak; ARM has fallen 43% from its highs, and Japan’s NAND flash memory leader Kioxia has dropped 55%. $SK hynix(SKHY)$ $ARM Holdings(ARM)$ It is worth noting that Kioxia’s market capitalization once exceeded $368.2 billion, surpassing Toyota Motor by more than $100 billion in June this year and making it the largest company by market value in Japan. However, in just one month, Kioxia’s market capitalization has evaporated by approximately $180 billion. As the AI trade cools off, another sector is quietly gaining strength, biopharmaceu

Over the past month, the AI sector has shown signs of a major pullback. For example: SK Hynix, the memory chip giant, has plunged 40% from its peak; ARM has fallen 43% from its highs, and Japan’s NAND flash memory leader Kioxia has dropped 55%. $SK hynix(SKHY)$ $ARM Holdings(ARM)$ It is worth noting that Kioxia’s market capitalization once exceeded $368.2 billion, surpassing Toyota Motor by more than $100 billion in June this year and making it the largest company by market value in Japan. However, in just one month, Kioxia’s market capitalization has evaporated by approximately $180 billion. As the AI trade cools off, another sector is quietly gaining strength, biopharmaceu