What is the rate of return for these capex investment. I believe market will start to realise it. The recent bleed in chips stock has a lot to do with over leverage and valuation. It is time for market to correct.

There is also other factor that contributes to chip stock to drop. I doubt many people notice it.

South Korea’s rate hikes affect both the chip boom and local borrowers yesterday.

I guess borrowers are the one who feel the painful impact, especially variable-rate mortgages and leveraged positions. These may have a rippling effect to other chip stocks.

Watch out. Today is Friday . Invest wisely .