16 October 2024

End of the Hype?

Well... it did have to happen, and may be it has. ASML has tanked bigly, stock market wise. As I type, it's down $180 from Monday's close and bouncing up a little and down a bit more. Seems that demand for their bottleneck machines is predicted, by them, to wane going forward. The AI chipmakers are collateral damage. May be the AI fever has broken? One hopes so.

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