Mar. 26 at 4:13 PM
Expectation breaker. I don't care how
$FSLY or
$DOCN look when the real story is underneath.
We need leadership broadening. Instead, we're seeing thinning.
•
$AMD +7%,
$ARM +16% — CPU pricing power confirmed
•
$MU -3.4% to
$382.09
• Volume on MU: 55.3M shares, +23% above avg
The catalyst: Google TurboQuant. Memory usage slashed 6x. Market is front-running a demand reset .
A good session, followed by a bad session = no follow-through. Positioning nightmare. Semis are bifurcating. Optics and memory? Getting crushed. CPU/GPU? Running.
This is not a healthy tape.