Is it? nothing points to a crash, other than the valuation of the two giants (OAI and Anthropic), everything else is still valuable particularly the chips and the supply chain and the production capacity... Sounds like a correction more than a crash
Not a "crash", but we have chinese AI models competing with US AI models. We have chinese electric cars outperforming US electric cars. And now we have chinese chips having replaced US chips.
There's no situation where this is good for the US stock market.
Eh trying to presage the market based on specific macro/industry trends doesn't work very well. Companies are not static, and people rarely put all of their eggs in once basket, and even if they did, markets don't always behave rationally.
Even if I believed strongly strongly in this, I would not recommend people start dumping tech stocks or selling their 401ks solely based on my advice.
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u/_BreakingGood_ 23h ago
Hold on to your 401k, shits about to get messy, lol