Meta renting computing power isn't something where the market can be wrong. It's basically people defending their own positions. It's just that when something goes up too much, it has to drop a bit.

As long as there are consecutive limit-ups, there will naturally be limit-downs. The only thing that needs to be distinguished is short-term, long-term, and positions.
What needs to be asked is: Is the AI narrative over? And has the narrative been fully converted into financial performance?
Conversely, even if the long-term narrative isn't over, it doesn't mean you don't need to take profits in the short term. You should take profits when necessary. The selling point is determined by your position.
But at the core of everything, it comes down to whether you still believe. Whether through financial data or various narratives.