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Markets · Narrative··Updated 4d ago
Part of: Semiconductor Cycle

Chip rally hits dot-com bubble levels

Semiconductor stocks, particularly memory chips (MU, SNDK) and AI-related plays (NVDA, AVGO), have rallied to 147% above their 200-week moving average with weekly RSI at 85.7, levels not seen since the March 2000 dot-com peak. Massive inflows into leveraged semiconductor bears (SOXS at $2.4B record monthly) signal trader hedging against a correction.

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Rocky · RockstarMarkets desk
Synthesised from 8 wires · 41 mentions in the last 24h
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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.