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Summary
- The Nasdaq inches forward into the dreaded correction territory as AI value chain leaders and semiconductors experience significant sell-offs amidst a profit-taking phase.
- Semiconductors show robust free cash flow versus hyperscalers, with memory giants SK hynix, Samsung, and Micron maintaining dominance despite concerns over China's CXMT IPO.
- AI infrastructure demand remains strong amid circular financing fears, highlighted by Nvidia's $250B OpenAI backstop and AMD's 500 MW Core Scientific deal.
- Market caution persists amid Fed hawkishness and geopolitical risks, but I view the current selloff as a chance to accumulate high-quality tech stocks rather than reduce exposure.
- Looking for a helping hand in the market? Members of Ultimate Growth Investing get exclusive ideas and guidance to navigate any climate. Learn More »
DNY59/E+ via Getty Images
The media is finally printing that the Nasdaq ( COMP:IND) is getting closer to a correction, helping to spook investors, facing a reckoning in some of the most prominent stocks that have driven the market
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JR Research is an opportunistic investor. I was recognized by TipRanks as a Top Analyst, and also by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. I identify attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. My picks have consistently demonstrated market outperformance over time. My approach combines timely and sharp price action analysis with fundamentals as my foundation. I also tend to avoid overhyped and overvalued stocks while capitalizing on battered stocks with significant upside recovery possibilities. I run the investing group Ultimate Growth Investing which specializes in identifying high-potential opportunities across various sectors. My main ideas revolve around stocks with strong growth potential, and also well-beaten contrarian plays. I designed the group for investors seeking to capitalize on growth stocks with solid fundamentals, robust buying momentum, and appealing turnaround plays to generate alpha consistently. Learn more
Analyst’s Disclosure: I/we have a beneficial long position in the shares of SMH, QQQ, SPY, NVDA, AMD, IGV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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