Jul. 29 at 5:04 AM
$NBIS $MU $SNDK reminding me of the dotcom bust. Thing is, the bottom never came. Owned
$FFIV at over a
$100 bucks in 2000 and fell all the way to under
$5 a share in months.
So much awareness on CapEx spend which is crushing share price. Tomorrow’s reports by MSFT and Meta are going to be interesting. Any hint of a slow down in spend is going to cut data center, chips and memory stocks in half from current levels.
These still have much further to drop.