Everyone is once again becoming fearful of semis and AI companies.

After rallies of hundreds of percentage points over the past several months, a cooldown like this was NEEDED and EXPECTED.
Later this week, several major companies will report earnings and provide forward guidance. Just like $TSLA, I expect them to announce MASSIVE AI CAPEX.
That would be incredibly bullish for hyperscalers and AI-infrastructure companies like $IREN and $CIFR, which are currently sitting inside high-timeframe accumulation ranges.
From both a fundamental and technical standpoint, these companies look extremely strong.
I remain bullish on them over the coming weeks and months.