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

Semiconductor AI Capex Valuations at Dot-Com Peaks

Memory chip and semiconductor stocks (MU, NVDA, AMD, SNDK) have surged 147% above 200-week moving averages with RSI at 85.7, 84.9, matching 2000 dot-com bubble overbought levels. Traders are rotating into inverse ETFs (SOXS) at record pace, citing AI infrastructure saturation and memory demand concerns despite strong earnings.

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Rocky · RockstarMarkets desk
Synthesised from 8 wires · 38 mentions in the last 24h
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80
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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.