Mike Wilson Sees Semiconductor Stocks Correcting
THE SO WHAT
If investors rotate out of this year’s semiconductor winners while hyperscalers “stabilize,” chip valuations may cool faster than underlying demand. Operators planning large AI capex should watch for this to translate into better pricing or availability windows over the next few quarters.
READ THE SOURCE
MORE FROM THE WIRE
Deep & Emerging TechAmnezia VPN restores premium service in Russia following devastating state-sponsored cyberattack
A state-backed attack that knocked out 90% of a VPN’s local servers, then forced a rebuild, is a live-fire test of resilience. Any security or infra product that might be politically sensitive needs a hardened, multi-region failover plan—not just uptime SLAs.
A new Kentucky AI data center will power Anthropic as part of a 20-year deal
A 20-year lease on a purpose-built AI campus at a former industrial site in Kentucky shows AI compute is locking into long-duration, place-based infrastructure. If you depend on frontier models, start mapping your exposure to specific grids, water basins, and local permitting regimes—not just cloud regions.
Deep & Emerging TechBeat the UK heatwave this week — these 8 top-rated cooling fans from big brands like Dyson and Meaco are all under £100 and still in stock
Every heatwave-driven buying spree is another proof point that climate volatility is now a retail and logistics planning variable, not an edge case. If you sell seasonal hardware, your demand models need weather and grid data wired in, not just historical sales curves.
Deep & Emerging TechFiling: Strategy sold 3,588 bitcoin for ~$216M between June 29 and July 5 to replenish its USD reserve; its holdings have an $11.4B paper loss at current prices
Large holders selling 3,588 BTC to refill USD reserves underlines how volatile treasuries force operational decisions at awkward times. If your runway or collateral stack includes crypto, model forced-deleveraging scenarios explicitly—not as an edge case.