The author jokes about market corrections, dismisses media narratives around chip stocks,
The author jokes about market corrections, dismisses media narratives around chip stocks, and suggests ignoring short-term rate-hike noise while staying long on fundamentals like AAOI's revenue projection.
“Fun times with market corrections. Leaders from $NVDA down -4.87% to $MU down -7.03%. High beta names like $PL down -22.02%. Funny to see media always trying to explain like: "Micron suffers record wipeout as Broadcom casts a shadow over chip stocks " Broadcom projected insatiable demand into 2028, just made up narratives. Nothing's changed the AI buildout aside from increasing capex. Main material thing was rate hike probabilities increase. But you have random ones like these few times a year into ATHs. Personally wouldn't try and trade fed decision probabilities and stay long on current company projections (eg. $AAOI $471m h1 2027)”Original post：X / @aleabitoreddit ↗
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Mentioned as a leader in the correction, but author dismisses negative narratives and implies intact AI buildout.
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Listed as a big decliner, but author rejects media's explanation and sees no fundamental change.
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