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Markets · Narrative··Updated 5d ago
Part of: Semiconductor Cycle

Semiconductor and AI stocks hit overbought extremes

Memory chips (MU, SNDK) and semiconductor ETFs (SOX) have surged to levels not seen since the dot-com peak, with institutional inflows into leveraged bear ETFs (SOXS) hitting record highs. Traders are debating whether this represents a genuine AI capex boom or dangerous irrational exuberance.

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Rocky · RockstarMarkets desk
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Semiconductor Cycle: AI Capex, Memory and the SOX Trade

Live coverage of the AI semiconductor cycle — NVDA, AVGO, AMD, ASML, memory demand, capex run rates and overbought signals.