SPDR Dow Jones Industrial Average ETF

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Invesco QQQ Trust Series 1

Invesco QQQ Trust Series 1 - Invesco QQQ Trust Series 1

QQQ is trading amid intense community debate over whether the current tech-driven rally is a sustainable market cycle or an overextended speculative bubble prone to a sudden reversal. Investors are actively scrutinizing the impact of rising bond yields, geopolitical tensions, and the upcoming earnings reports from AI-heavy semiconductor names, while sentiment remains sharply divided between those playing for continued 'V-shaped' recovery patterns and those anticipating a major correction.

Figma, Inc. is an AI-powered digital design and product development platform. The firm offers tools for teams to collaborate on the entire lifecycle of software creation. Its products include FigJam, Figma Slides, Figma Design, Figma Draw, Dev Mode, Figma Sites, Figma Buzz and Figma Make. The company was founded by Dylan Joseph Field and Evan Darrow Wallace in 2012 and is headquartered in San Francisco, CA.

Figma Inc. - Ordinary Shares - Class A

Figma

Figma is trending following a strong quarterly earnings report featuring revenue growth that beat analyst expectations and raised full-year guidance, fueled by accelerating enterprise adoption of its AI-powered features. Community sentiment is heavily focused on a potential short squeeze, with investors highlighting significant short interest and arguing that the companys strong net dollar retention and essential role in design workflows prove its long-term value despite broader market concerns about AI competition.

SPDR S&P 500 ETF TRUST - SPDR S&P 500 ETF Trust

The S&P 500 is experiencing heightened volatility and after-hours sell-off activity as investors react to cooling enthusiasm surrounding recent US-China trade summit outcomes and a notable spike in long-term Treasury yields. Market participants are actively debating whether these headwinds signal an overdue correction or just another temporary dip in a persistent uptrend, with particular focus on the risk of structural pressure on high-valuation AI and semiconductor sectors.

Solana is a high-performance Layer 1 blockchain designed for mass adoption by providing a fast, secure, and low-cost environment for decentralized applications. It distinguishes itself by scaling globally without the use of complex sharding or multiple layers, instead maintaining a single, unified ledger to avoid liquidity fragmentation. This architecture allows it to process thousands of transactions per second with sub-second finality, often at a cost of less than a penny per transaction.  The network operates on a unique hybrid model that combines Proof of Stake with an innovation called Proof of History, which functions as a decentralized clock to timestamp transactions. This system reduces the need for constant node communication, allowing the Sealevel engine to run non-conflicting smart contracts in parallel across multiple CPU cores. Further efficiency is gained through the Gulf Stream protocol, which reduces confirmation times by forwarding transactions to validators before the current block is finished.  Founded in 2017 by Anatoly Yakovenko, Solana is now supported by the Switzerland-based Solana Foundation and significant institutional investors like Andreessen Horowitz and Polychain Capital. The platform’s native token, SOL, serves as the primary currency for paying transaction fees, participating in network governance, and securing the system through staking.   Solana has also seen significant institutional adoption ranging from spot Solana ETFs to major partnerships including Visa's 2025 launch of USDC settlement on the network and the tokenization of public equity by firms like Galaxy Digital.

Solana

Solana is capturing significant community attention as investors monitor the progress of the Clarity Act and celebrate recent network performance upgrades like the Alpenglow testnet. Market sentiment is further bolstered by sustained whale accumulation and the anticipation of a potential breakout toward triple-digit price levels.

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU) and Compute & Networking. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, Quadro and NVIDIA RTX GPUs for enterprise workstation graphics, virtual GPU, or vGPU, software for cloud-based visual and virtual computing, automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating metaverse and 3D internet applications. The Compute & Networking segment consists of Data Center accelerated computing platforms and end-to-end networking platforms including Quantum for InfiniBand and Spectrum for Ethernet, NVIDIA DRIVE automated-driving platform and automotive development agreements, Jetson robotics and other embedded platforms, NVIDIA AI Enterprise and other software, and DGX Cloud software and services. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in April 1993 and is headquartered in Santa Clara, CA.

NVIDIA Corp

Nvidia is trending as investors react to reports that the U.S. government has cleared the path for sales of its advanced AI chips to major Chinese tech firms. The community is actively debating the stock's massive market cap valuation and speculative nature ahead of the upcoming earnings report, with sentiment split between those expecting continued momentum and those cautious of a potential pullback.

Direxion Shares ETF Trust - Direxion Daily Semiconductor Bull 3X ETF

Direxion Daily Semiconductor Bull 3X Shares

SOXL is experiencing extreme volatility as investors react to a cooling semiconductor sector and shifting trade dynamics, with community sentiment deeply divided between those buying the dip for long-term AI-driven growth and those anticipating a sharper structural correction. Market participants are actively debating the sustainability of the sector's parabolic rise, closely watching for signs that this volatility marks a healthy consolidation or the start of a broader, more significant downward trend.

Robo.ai, Inc. engages in the design and development of smart electric vehicles. It aims to integrate avant-garde design, life-style personalization, IoT connectivity, and autonomous driving technology. The company was founded in 2016 and is headquartered in Dubai, United Arab Emirates.

Robo.ai Inc. - Ordinary Shares - Class B

Robo.ai Inc.

Robo.ai Inc. ($AIIO) is experiencing massive volatility and high-volume momentum as the community debates whether the stock is undergoing a legitimate short squeeze fueled by new file-compression technology or if it is a classic pump-and-dump scheme. Investors are closely monitoring the company's borrow rates and lack of available shares to short, with many debating whether the stock will reach double-digit figures or face a significant retracement.

Gemini Space Station, Inc. is a holding company, which offers a mobile and web based crypto asset exchange platform, proprietary wallet infrastructure and custody solutions, over-the-counter trading solutions tailored to institutions and professionals, a digital art auction platform, a proprietary United States dollar backed stablecoin, and a credit card product that offers crypto asset rewards on customer purchases. The company was founded by Tyler Winklevoss and Cameron Winklevoss in 2014 and is headquartered in New York, NY.

Gemini Space Station Inc. - Ordinary Shares- Class A

Gemini Space Station

Gemini Space Station is seeing intense market activity following a strategic 100 million dollar investment from its founders and stronger-than-expected quarterly financial results. The community is heavily focused on the potential for a massive short squeeze, driven by high short interest and anticipation surrounding potential regulatory developments.

Candel Therapeutics, Inc. is a clinical stage biotechnology company, which engages in the development and commercialization of viral immunotherapies. Its pipeline includes CAN-2409 and CAN-3110. The company was founded by Estuardo Aguilar-Cordova in 2002 and is headquartered in Needham, MA.

Candel Therapeutics Inc

Candel Therapeutics is trending as investors gear up for a pivotal plenary session presentation at the upcoming AUA Annual Meeting, where new extended follow-up data for aglatimagene in localized prostate cancer will be revealed. Community sentiment is highly focused on the potential for durable efficacy and improved survival outcomes to validate the company's immunotherapy platform as a practice-changing standard of care, driving significant speculative interest regarding future regulatory milestones and potential M&A activity.

Sandisk Corp. engages in the development, manufacture, and provision of storage devices and solutions based on NAND flash technology. Its products include solid state drives, memory cards, and USB flash drives. The company was founded on February 5, 2024 and is headquartered in Milpitas, CA.

Sandisk Corp

Sandisk is trending due to heightened community interest in its role as a core memory supplier within the AI infrastructure sector, with investors closely watching supply shortages and multi-year supply agreements. The stock is seeing significant volatility as market participants debate whether these memory cycles represent a permanent shift in valuation or a peaking trend ripe for correction.

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<ul class="summary-bullets"><li>Inflows into SOXL are now 6 times larger than inflows into ProShares UltraPro QQQ (TQQQ), as per the market commentator.&nbsp;</li><li>Meanwhile, Chicago-based financial technology company Barchart has said that semiconductor stocks are now the most overbought since the peak of the dot-com bubble.</li><li>However, Vivek Arya of BofA Securities told CNBC that, despite fears of an AI-driven bubble, many of the largest semiconductor stocks are still trading at below-market multiples.</li></ul>The semiconductor rally is entering historic territory, and the market is piling in aggressively despite signs that the sector may be severely overbought.The <a href="https://stocktwits.com/symbol/soxl">Direxion Daily Semiconductor Bull 3X Shares (SOXL)</a>, a 3x leveraged semiconductor exchange-traded fund, attracted a record inflow of more than $1.03 billion on Tuesday, according to The Kobeissi Letter.In a <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/KobeissiLetter/status/2055038930978746415">post</a> on X, the market commentator noted the inflow while highlighting that the bearish <a href="https://stocktwits.com/symbol/soxs">Direxion Daily Semiconductor Bear 3X Shares (SOXS)</a> had posted $230 million in outflows, the largest daily outflow since late March.“The run in semiconductor stocks is truly historic,” The Kobeissi Letter said.<h2 class="st-heading-2">The Chip Rally In Context</h2>The SOXL is up more than 354% since its bottom in March, the largest 31-day increase since the fund launched, The Kobeissi Letter has noted. Meanwhile, inflows into SOXL are now 6 times larger than inflows into <a href="https://stocktwits.com/symbol/TQQQ">ProShares UltraPro QQQ (TQQQ)</a>, the 3x leveraged ETF linked to the Nasdaq 100 Index, indicating just how concentrated the bullish bets in semiconductors are, it said.While the move reflects the market’s optimism that the semiconductor rally is far from over, some market analysts are sounding valuation concerns.“Semiconductor valuations are at EXTREME levels,” financial research platform Global Markets Investor <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/GlobalMktObserv/status/2055017538228977990">said</a> on X. “The Philadelphia Semiconductor Index, $SOX, is trading at a price-to-sales ratio of ~9, more than 4 times the level seen in 2013.”In an earlier <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/KobeissiLetter/status/2054010699848778111">post</a>, The Kobeissi Letter had noted how the SOX now accounts for a record 23% of the S&amp;P 500’s market cap, which has doubled in the past two years.Meanwhile, Chicago-based financial technology company Barchart <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/Barchart/status/2054943299316908369">posted</a> a chart of <a href="https://stocktwits.com/symbol/sox">SOX</a> on X, adding, “Semiconductor Stocks are now the most overbought since the peak of the Dot Com Bubble.”<stembedurl>https://x.com/Barchart/status/2054943299316908369</stembedurl><h2 class="st-heading-2">Wall Street’s Divided Stance</h2>Vivek Arya, BofA Securities senior semiconductors analyst, told CNBC in an <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.cnbc.com/video/2026/05/13/largest-chip-stocks-are-trading-below-market-multiples-despite-bubble-fears-says-bofas-vivek-arya.html">interview</a> that despite fears of an AI-driven bubble, many of the largest semiconductor stocks are still “trading below market multiples” because their earnings growth is accelerating faster than share prices.Arya said the current rally is being driven by real demand from hyperscalers, enterprises, and governments investing heavily in AI infrastructure, rather than pure speculation.However, “The Big Short” investor Michael Burry has long maintained a bearish stance on the sector, and recently <a href="https://stocktwits.com/news-articles/markets/equity/michael-burry-says-sox-will-return-to-earth-reveals-fresh-puts-on-key-semiconductor-etf/cZBNXiGRe2g">said</a> that the sector’s momentum resembles a technical melt-up rather than a sustainable fundamental move. Burry has consistently taken bearish positions against semiconductor ETFs, and reiterated that the SOX “will return to earth.”Burry has also <a href="https://stocktwits.com/news-articles/markets/equity/michael-burry-warns-complete-reversal-nasdaq-100-ai-bubble/cZXaINRRehQ">said</a> that he expects a complete reversal of the Nasdaq 100 index from its current levels. “This, all of it, is the scene of the bloody car crash, minutes before it happens,” Burry said.SOXL has surged more than 342% this year alone, while TQQQ has gained 50%. The SOXS has declined more than 86% in the same time.<figure class="image"><img src="https://news.stocktwits-cdn.com/koyfin_20260515_115152729_png_8f040fa403.webp" alt="koyfin_20260515_115152729.png" width="1600" height="1000"></figure>Meanwhile, on Stocktwits, retail sentiment around all three was in the ‘bullish’ territory at the time of writing.For updates and corrections, email newsroom[at]stocktwits[dot]com.

A technician laying CPU in the motherboard socket. Michael Burry believes that rally in the chips sector would cool. (Image source: Getty)

Chip Stocks Are The Most Overbought Since The Dot Com Bubble, But Markets Are Still Piling In 

The Direxion Daily Semiconductor Bull 3X Shares (SOXL) has attracted a record inflow of more than $1.03 billion on Tuesday, according to The Kobeissi Letter. 

Equity

<ul class="summary-bullets"><li>The&nbsp;S&amp;P500 hit record highs, the tech-heavy Nasdaq added 1.4%, while the&nbsp;Dow Jones inched 0.2% lower.&nbsp;</li><li>Technology stocks led broader market gains with Nvidia hitting record highs.&nbsp;&nbsp;</li><li>Wholesale prices soared in April to the highest in four years.</li></ul>The S&amp;P500 and Nasdaq ended higher on Wednesday, while the Dow Jones slipped as investors assessed red-hot inflation data and looked for cues from U.S. President Donald Trump’s China visit.The S&amp;P 500 and the Nasdaq gained 0.6% and 1.2%, respectively, and reached new highs. The Dow fell 0.1%.&nbsp;Among ETFs tracking benchmark indexes, the&nbsp;<a href="https://stocktwits.com/symbol/SPY">SPDR S&amp;P 500 ETF (SPY)</a> and&nbsp;<a href="https://stocktwits.com/symbol/QQQ">Invesco QQQ Trust&nbsp;</a>(QQQ) ended Wednesday around 1% higher, while the&nbsp;<a href="https://stocktwits.com/symbol/DIA">SPDR Dow Jones Industrial Average ETF Trust</a> (DIA) was flat.&nbsp;Meanwhile, retail sentiment on Stocktwits for SPY, QQQ, and DIA was all in the ‘bullish’ territory.<h2 class="st-heading-2">US Market Drivers</h2><figure class="table"><table class="ck-table-resized"><colgroup><col><col><col></colgroup><tbody><tr><td>Index</td><td>Move</td><td>Close</td></tr><tr><td>Dow Jones Industrial Average</td><td>-0.1%</td><td>49,693.20</td></tr><tr><td>S&amp;P 500</td><td>0.6%</td><td>7,444.25&nbsp;</td></tr><tr><td>Nasdaq Composite</td><td>1.2%</td><td>24,016.02&nbsp;</td></tr></tbody></table></figure>Technology stocks were the outliers from the rest of the market as inflation fears, spurred by higher wholesale producer prices in the U.S., weighed on other sectors such as retail and banking. NVIDIA (<a href="https://stocktwits.com/symbol/NVDA">NVDA</a>) hit record highs, and Micron Technology (<a href="https://stocktwits.com/symbol/MU">MU</a>) gained more than 3%. The VanEck Semiconductor ETF (<a href="https://stocktwits.com/symbol/SMH">SMH</a>) advanced 2%.&nbsp;Two inflation reports this week showed increasing price pressures on the retail and wholesale markets, leading to mixed signals on future monetary policy.&nbsp;The U.S. Senate on Wednesday&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/kevin-warsh-is-the-us-fed-s-17th-chairperson-senate-approves/cZXLHqxReKp">confirmed</a> Kevin Warsh as the 17th chair of the Federal Reserve, succeeding Jerome Powell. Warsh has been advocating for lower rates, but rising inflation signals have led the market to believe otherwise.&nbsp;The producer price index rose 6% from a year ago, topping all estimates in a Bloomberg survey of economists. The monthly advance was also the sharpest since 2022. A core measure increased 5.2% from April 2025 — the most in more than three years.“Wednesday’s PPI was strikingly elevated as producers are feeling the ripple effects of $100 per barrel oil,” said Clark Bellin at Bellwether Wealth in an interview with Bloomberg. “The Federal Reserve has an inflation problem on its hands.”"Near-term inflationary pressure will persist regardless of whether the Strait of Hormuz is reopened, but in the event that sea traffic from the Persian Gulf fails to resume by the summer, the market’s operating assumption is that the inflation outlook will be materially higher," wrote BMO Capital Markets strategist Ian Lyngen in a note, which was accessed by Barron’s.<h2 class="st-heading-2">Trending Stocks To Watch&nbsp;</h2>Fervo Energy (<a href="https://stocktwits.com/symbol/FRVO">FRVO</a>): The Houston, Texas-based geothermal energy firm raised $1.89 billion through an upsized offering, issuing 70 million shares of its common stock.ARM Holdings (<a href="https://stocktwits.com/symbol/ARM">ARM</a>): UK-based ARM Holdings (ARM) and its parent company SoftBank Group (<a href="https://stocktwits.com/symbol/SFTBY">SFTBY</a>) made a last-minute attempt to acquire AI chipmaker Cerebras Systems ahead of its IPO, which Cerebras rejected.&nbsp;Ford (<a href="https://stocktwits.com/symbol/F">F</a>): Shares of Ford Motor crossed the 100-day moving average (DMA) for the first time in two months and was among the top trending stocks on Stocktwits.&nbsp;Cisco (<a href="https://stocktwits.com/symbol/CSCO">CSCO</a>): Cisco, in its quarterly earnings report, which was released after hours, announced job cuts that will affect 4,000 of its employees.Sellas Life Sciences (<a href="https://stocktwits.com/symbol/SLS">SLS</a>): Sellas shares were on track to record their best week in over four months ahead of its upcoming leukemia trial data.&nbsp;<h2 class="st-heading-2">Broader Market Trends&nbsp;</h2>Crude oil prices dipped on Wednesday as fears of higher U.S. interest rates dampened the global demand outlook. Brent crude settled near $104.85 per barrel. Despite the daily decline, the International Energy Agency (IEA) warned that global oil supply could remain below demand for the remainder of 2026 due to ongoing disruptions in the Middle East and restrictions on tanker movement through the Strait of Hormuz.&nbsp;The yield on the 30-year Treasury bond climbed to 5.05%, its highest level since 2007, following a soft auction and hotter-than-expected inflation data. Bond prices, which move inversely to yields, fell as investors processed the reality that inflation—currently at a three-year high of 3.8%—is proving difficult for the Fed to tame.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.

The NASDAQ MarketSite in Times Square is seen November 20, 2006 in New York City. (Photo by Spencer Platt/Getty Images)

S&P500, Nasdaq Gain Over Tech Stock Optimism As Nvidia Hits Record Highs, Dow Slips — FRVO, F, SLS, CSCO In Focus

Data showed producer prices soared in April, the highest in four years, amid sticky inflation, while investors turned attention to Trump’s China visit.

<ul class="summary-bullets"><li>Markets were weighed down by a dip in technology megacap stocks.&nbsp;</li><li>The S&amp;P500 and the Nasdaq indices fell 0.2% and 0.7% respectively, while the Dow Jones rose 0.1%</li><li>Hot inflation numbers above the U.S. Fed target raised concerns.&nbsp;</li></ul>The S&amp;P 500 slipped from record highs on Tuesday along with the Nasdaq index as red-hot inflation data on the back of soaring fuel prices overshadowed general AI optimism and tech stock strength, while the Dow Jones index eked out minor gains.&nbsp;The tech-heavy Nasdaq was down 0.7%, the S&amp;P 500 was down 0.2%, while the Dow gained 56 points, or 0.1%.&nbsp;Bureau of Labor Statistics data released on Tuesday highlighted the conflict in Iran is fueling a resurgence in inflation, placing additional pressure on consumers who were already reeling under the pressure of rising living costs and poor wage growth.&nbsp;After adjusting for the rise in inflation, real wages saw a year-over-year decline in April, marking the first such contraction since 2023, according to data from Bureau of Labor Statistics.&nbsp;The U.S.-Iran war has had spill over effects across multiple sectors. The consumer price index for April rose 3.8% from a year ago, the most since 2023, data out Tuesday showed. The war pushed gas prices up by 50% since the war began, according to data from the American Automobile Association, and the latest Bureau of Labor Statistics report pointed to rising prices for airfares, housing, clothing and food.&nbsp;Megacap tech stocks dropped the most, pulling the Nasdaq down nearly 1%, on Tuesday. Advanced Micro Devices (AMD) and Qualcomm (QCOM) dropped 2% and 11%, respectively. In April, AMD had surged more than 74%, while Qualcomm gained more than 39%.The PHLX Semiconductor Sector Index (SOX) , which is a strong barometer for performance of chipmaker stocks, fell 3% today.&nbsp;&nbsp;&nbsp;“I think for equity investors, the main takeaway here is that higher energy prices are eroding consumers’ purchasing power,” wrote Neil Dutta of Renaissance Macro Research (RenMac) in a note accessed by Barron’s.&nbsp;<h2 class="st-heading-2">Trending Stocks To Watch&nbsp;</h2>Oklo (OKLO): Stock is trending as investors react to the NRC's approval of the Principal Design Criteria for its Aurora powerhouse, a major regulatory milestone that de-risks the path. The company is also scheduled to release its quarterly earnings after hours.&nbsp;Micron Technology (MU): The stock reversed gains to drop nearly 4% after its gains pushed the S&amp;P500 and Nasdaq to record highs on Monday as investors pulled out of some technology stocks given the recent rally.&nbsp;Wendy’s (WEN): The stock surged 17% on Tuesday amid reports that Nelson Peltz's Trian Fund Management is actively seeking financing to take the company private.&nbsp;&nbsp;Plug Power (PLUG): Plug stock soared to its seven-month high after it reported a 22% jump in Q1 revenue to $163.5 million, topping Wall Street expectations of $139.76 million.Nvidia (NVDA): The stock was the only major AI and megacap technology company to gain on Tuesday after several brokerages raised share price targets ahead of its first-quarter earnings next week.&nbsp;Other tickers trending on Stocktwits at the time of writing included SLS, MRAM, RCAT, WOK, RST and BABA.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.

Measure Between Bear and Bull - stock photo

SPY, QQQ, DIA Slip As Inflation Concerns Hinder AI Rally

U.S. consumer price index rose 3.8% from a year ago, the most since 2023, data out Tuesday showed, pulling stocks lower. 

U.S. consumer price index rose 3.8% from a year ago, the most since 2023, data out Tuesday showed.

<ul class="summary-bullets"><li>Burry added that even if these parabolic rallies appear to have further upside, investors holding on are ultimately betting on their ability to exit at or near the peak.</li><li>He stated that the Nasdaq 100’s real price-to-earnings ratio is closer to 43x than the 30x Wall Street touts.</li><li>Burry also added that investors who have benefited from the massive run-up in high-momentum stocks should consider taking profits while gains remain elevated.</li></ul>Michael Burry on Monday reiterated his warning about a potential AI bubble, stating that he expects a complete reversal of the Nasdaq 100 index from its current levels.“The Big Short” investor stated in a Substack&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://substack.com/home/post/p-197176852">post</a> that the Nasdaq 100 is currently trading at levels that are too good and too lucky to be real. “This, all of it, is the scene of the bloody car crash, minutes before it happens,” Burry said.He added that even if these parabolic rallies appear to have further upside, investors holding on are ultimately betting on their ability to exit at or near the peak.<h2 class="st-heading-2">Burry Warns History Is Repeating Itself</h2>Burry warned that history is repeating itself in the stock market and that it is not a good thing.“In the next two days, I will release a valuation exercise that seems to suggest almost no tech stock, not even bombed out software stocks, are inexpensive when held to strict accounting standards, more strict and more forensic in nature than GAAP,” he said.He also stated that the Nasdaq 100’s real price-to-earnings ratio is closer to 43x than the 30x Wall Street touts.Beyond stock-based compensation, he said investors should also account for issues tied to depreciation practices, construction-in-progress spending, M&amp;A expenses, capital leases, and other adjustments needed to determine true owner earnings rather than relying solely on GAAP net income.“In addition, there are the future write-downs, such as Nvidia’s growing contracts with TSMC, securing over one hundred billion dollars of capacity at TSMC. CSCO in 2001 and 2002 wrote down years of its best earnings when it had to write off the same types of contracts with its suppliers,” Burry said.<h2 class="st-heading-2">Burry Recommends Investors Take Profits</h2>Burry also added that investors who have benefited from the massive run-up in high-momentum stocks should consider taking profits while gains remain elevated.He cautioned that short selling is not suitable for most investors, noting that put options are expensive. The investor said that directly shorting stocks can still be highly painful in the current market environment.For most investors, however, he suggested reducing overall stock exposure, particularly to technology and high-momentum names experiencing parabolic rallies.“History tells us that even if the party goes on for another week, month, three months, or year, the resolution will be to much lower prices,” he added.<h2 class="st-heading-2">Burry Adds Nvidia Puts</h2>Burry stated&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/michael-burry-doubles-down-nvda-qqq-puts-ai-trade-dot-com-bubble/cZXbJmJRefp">last week</a> that he has added to his Nvidia January 2027 puts at a strike price of $115 and March 2027 puts at a strike price of $125.He also added to his QQQ puts for January 2027 at a strike price of $550, while loading up on SOXX short for January 2027 at a strike price of $330.The Invesco QQQ Trust (QQQ) is up 16% year-to-date, while the iShares Semiconductor ETF (SOXX) is up 73%.The Direxion Daily Semiconductor Bear 3X Shares ETF (SOXS) is down 87% during this period.Also See:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/aspi-stock-in-focus-race-non-russian-haleu-supply/cZXaEeKReh7">ASPI Stock Back In Focus Amid Race For Non-Russian HALEU Supply — Retail Points To Semiconductor Chip Opportunity</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Michael Burry attends the "The Big Short" New York premiere at Ziegfeld Theater on November 23, 2015 in New York City.

Michael Burry Warns Of A Complete Reversal Of Nasdaq 100: 'Scene Of The Bloody Car Crash, Minutes Before It Happens'

“The Big Short” investor stated in a Substack post that the Nasdaq 100 is currently trading at levels that are too good and too lucky to be real.

Wall Street strategist explains how to navigate an ’AI Bubble’

Investing.com -- The latest Sevens Report on Friday warned that a divergence between AI chipmakers and the broader equity market may be signaling early risks of an “AI bubble,” advising investors to monitor the semiconductor sector for signs of a market peak.

Buy gold, crypto and China, tread carefully on rich U.S. tech: BofA’s Hartnett

Investing.com -- Global equities took in $19.6 billion and bonds added $19.2 billion in the week through July 30, continuing one of the strongest flow years on record, according to Bank of America (BofA).

Semiconductor cos to likely posts earnings beat, says Oppenheimer as it bumps PT

Investing.com -- Oppenheimer expects most major semiconductor companies to beat expectations this earnings season, driven by a sharp ramp-up in AI infrastructure investment and recovering demand in industrial and automotive markets.Despite strong recent gains, SOX is up 13% year-to-date and 58% since April, Oppenheimer remains bullish, highlighting long-term structural growth. It raised price targets for stocks like Nvidia (NASDAQ:NVDA) by $25 to $200. Broadcom (NASDAQ:AVGO) was raised to $305 from $265, and reiterated its preference for stocks with sustained exposure to AI and custom silicon. Top picks include Nvidia, Broadcom, Marvell (NASDAQ:MRVL), and  Monolithic Power  Systems Inc (NASDAQ:MPWR).

Tech rally has legs amid rising AI adoption, says UBS

Investing.com -- The rally in tech stocks still has room to run as adoption of AI continues to spread across industries, UBS said citing a sharp rise in enterprise AI usage.

Cantor bullish on analog stocks near-term, but challenges remain through year-end

Investing.com -- Cantor Fitzgerald has turned bullish on analog semiconductor stocks in the near term, pointing to improving cyclical indicators and favorable investor positioning.

Nvidia (NVDA) CEO Jensen Huang praised the custom chip powering Nintendo’s (NTDOY) upcoming Switch 2 console on Tuesday, calling it the most advanced graphics solution ever developed for a mobile device.In a&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/NintendoAmerica/status/1929886108113932624">video</a> posted by Nintendo ahead of the console’s launch Thursday, Huang said the Switch 2 integrates “three breakthroughs”–full hardware ray tracing, high dynamic range support, and a new architecture enabling backward compatibility.“It’s unlike anything we’ve built before,” Huang said. He added that the console includes dedicated artificial intelligence processors to “sharpen, animate, and enhance gameplay in real time.”Huang didn't mention any specifications but said that Switch 2 would have "the most advanced graphics ever in a mobile device."Huang also credited former Nintendo CEO Satoru Iwata for the vision behind the hybrid system. “Switch 2 is more than a new console,” he said. “It’s a new chapter worthy of Iwata Son’s vision.”The two companies began collaborating in 2015, when Nintendo selected a prototype based on Nvidia’s Tegra X1 system-on-chip (SoC) to power the original Switch. At the time, Huang described the relationship between the two companies&nbsp;as potentially lasting 20 years, given Nintendo’s history of sticking with hardware partners for the long haul.That custom chip helped enable the Switch’s hybrid form factor and has been included in all 132 million units sold since the console's 2017 debut.Nvidia dedicated what Huang previously described as “several hundred engineering years” to customizing the SoC and logic board for Nintendo’s needs. Nintendo acquired the intellectual property and used it as the basis for its hardware.While Nvidia no longer breaks out Tegra revenue separately, the business generated $1.45 billion in fiscal 2020, accounting for 13% of the company’s total.<a href="https://stocktwits.com/symbol/NVDA">Nvidia’s stock</a> was up 3% in midday trade on Tuesday. The shares have gained 4% this year and 24% over the past 12 months.&nbsp;<a href="https://stocktwits.com/symbol/NTDOY">Nintendo’s stock</a> edged 0.1% higher in midday trade. The shares have jumped nearly 40% this year and 50% over the past 12 months.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/google-android-power-faces-new-threat-from-samsung-perplexity-talks/chkrJ8dRbvj">Google’s Android Power Faces New Threat From Samsung-Perplexity Talks, Says BofA</a>

 President and CEO of Nvidia Jensen Huang speaks on AI at the return of American manufacturing at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. (Photo by Kevin Dietsch/Getty Images)

Jensen Huang Says Nvidia’s Chip For Nintendo Switch 2 Is ‘Unlike Anything We’ve Built Before’ 

Huang credited former Nintendo CEO Satoru Iwata for the vision behind the hybrid system, calling the Switch 2 a “new chapter worthy of Iwata Son’s vision.”

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