10baggerbamm : you better pray that China doesn't go into Taiwan because the US will protect Taiwan they're in Ally and you know what that means...

BagHolder23 OP 10baggerbamm : We're an ecosystem rather than independent nations so conflict is never good.
Recent downturn for semiconductors started the same week Biden announced new export restrictions and Trump said that if elected he would prevent US military intervention between PRC and ROC.
This is also why supply chains are looking to diversify their production base.
But this doesn't fully explain the sell off, the demand for these products still exists, the businesses fundamentals have not changed, and they are all still announcing record profits.
Which is why I ask, is this just an anxiety driven downturn and for an equipment manufacturer like AMAT isn't new manufacturing hubs being established a good thing?

10baggerbamm BagHolder23 OP : the market's not rational that's number one number two you have massive Short selling taking place that's my opinion these hedge funds are bloodthirsty and they seize momentum opportunities they see the support lines just like everything else and they break them and it creates a cascading effect snowball downhill and after hours we'll just hit the bids they'll just keep selling naked shorting and slam the shit out of stocks. companies are still making money employees are still going to work it's an absence of buyers and when people start getting margin calls which I think started last week it accelerates the sell-off I listen to the CEO of interactive brokers and he was bragging about how much money they're making through margin interest people are getting wiped out right now liquidations are 330% if you sell stock versus bring in cash. and don't think for a moment well it's good for AMD because the same philosophy was oh it's good for Intel when I ran up to 37.. hello manufacturer chips in the US yeah and a foundry that doesn't even exist in California that won't be completed till late 28  29 maybe. everything is being sold as a basket it'll stop I don't know when it will I thought yesterday was a reversal but when one company moves a whole sector down it's not done

Space Dust : Nvidia is a great tech story, climax just happened. how far down or hope for sideways..?

U got Fomo : Why is that? Earnings are releasing soon and the only reason it would shoot up beforehand is due to anticipations