Yields higher into the trading session with 10Y and 30Y both higher - 10Y was up 6bps and 30Y was up 3bps post the employment results. Market used it as a reason to start selling off. We probably have had too much unrealised pnl within the semi space - those single names were hit with relentless selling with memory generally down 7% and even $NVDA down 4%...

CPUs were not spared as well with the entire space down 7% across the board - $INTC, $AMD $ARM
Neoclouds as a whole was brutalised - with $NBIS revisiting its previous lows of 230s. The rest of the neoclouds broke structure with $IREN seeing $56 and $CRWV touching $100.
As i keep rehashing - buy protection before you need it.
However, also note that VIX only sits at 17 and the SPX has only dropped about 1% or so....yet single names are down 10% - across the board, i expect to see further derisking in individual names because people hedging with indexes will realise how unhedged they really are. The only way is to over index on a hedge OR to just derisk. I believe many will take the derisking option.
Again, if this selling continues, I would expect to see cascades in $KOSPI on Monday in Korea time - given the amount of margin selling that needs to go through.
Photonics the sole outperformer earlier - also getting hit right now. I think people will realise that the VIX is only at 17 - If you went into this, long single names and short index as a hedge, you would be severely underwater
Good luck!