Hardware stocks crash with Nvidia slipping 5% on reports that they would be financing OpenAI's data centre. Capital rotate into software stocks as people starts taking profits on chip stocks, while Sk Hynix officially drops below IPO price. In my opinion, this is only a temporary situation in today's market. A positive macro news like "potential ceasefire" would send these higher beta stocks straight up again. Let's see how far the pullback will go this time round before rebounding.