Although AMAT has dropped a bit recently, no one dares to ignore the overall trend, as the AI and semiconductor infrastructure theme is still so hot, with earnings repeatedly exceeding expectations.

To be honest, those who didn't hold on seem to be itching inside, while those who did are now confident enough to consider adding to their positions. The market doesn't seem to offer many cheap opportunities, and a pullback could be a chance to pick up bargains at any time, but people are just too afraid to go all in, fearing they might end up holding the bag.