Key insights
- AI stocks experienced a significant sell-off last week, despite continued strong demand for AI infrastructure. The author questions whether the recent bounce in ARM is sustainable or a dead cat bounce. The overall sentiment suggests a potential buying opportunity for those who believe in the long-term AI growth story, but caution is warranted due to market volatility and fear-driven selling.
basically every AI stock got hammered last week. i track about 55 of them and literally only one closed green (ARM at +0.3%). everything else was down 10-20%.
curious what everyone's doing here. are you buying the dip or sitting on cash until things stabilize? i picked up some ARM on monday and its already up 10% but im not sure if thats just a dead cat bounce or actual strength
the way i see it the underlying demand for AI infrastructure hasnt changed. data centers are still being built, chips are still shipping, training runs are getting bigger. but the market doesnt care about fundamentals when fear takes over
whats your move? holding, buying, or staying out?