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Many people haven't yet realized what the ongoing split in semiconductors and storage means.
Simply put, the hardware folks in AI are starting to fight among themselves.
Look, on one side you have the chipmakers (semiconductors), with U.S. stocks rallying as if they're about to take off.
But behind the scenes? Morgan Stanley (top investment bank) is shouting "top is in," and hedge funds are frantically dumping and running.
Isn't this the classic "Don't leave, folks, I'm outta here first"?
On the other side, it's even funnier—the storage guys (memory sticks, etc.), GigaDevice just came clean: "Sorry, but we're going to slash prices big time soon." So all those prices pumped up in the name of AI are about to be given back?