Chip stocks just suffered one of their ugliest stretches on record, and a political shift in Washington may be to blame. History offers a surprising clue about what happens next, but a November 17 earnings report could rewrite it.
Nobody paying attention thinks they’ll go bankrupt. Just that demand for inference and training will subside, so those chips will find their way back into the use case from which they came.
Nobody paying attention thinks they’ll go bankrupt. Just that demand for inference and training will subside, so those chips will find their way back into the use case from which they came.