U.S. stocks after hours on April 23rd

The US-Iran situation has become tense again, the semiconductor sector has risen for 17 consecutive days, INTC's performance is recovering, what about the software sector?

Today, the S&P and Nasdaq were slightly down again due to the escalating US-Iran situation, feeling tense again
Is this because it's close to the weekend, and Donald Trump is going to get tough, only to ease up again before the market opens next Monday?

Semiconductor $iShares Semiconductor ETF(SOXX.US) 
17 consecutive gains! The best performer in the market today
At 14 consecutive gains, our review already indicated it was rising too fast, severely overbought. Our view remains unchanged, do not recommend chasing the rally!

INTC $Intel(INTC.US) 
Q1 revenue and EPS greatly exceeded expectations
Q2 revenue and EPS outlook also greatly exceeded expectations
Benefiting from data center demand, performance is beginning to recover. This quarter's earnings report is a beautiful turnaround, surging 20% after hours.
It also drove the other two CPU brothers, AMD and ARM, to surge after hours. Looks like it's going to drive the semiconductor sector to an 18th consecutive gain tomorrow.
My view:
Current price has long been unrelated to valuation. Stimulated by government support and expanding CPU demand, speculative sentiment has surged. Based on similar valuations, AMD needs to rise another 2-3 times to roughly catch up with Intel.

Software Sector $iShares Expanded Tech Software Sector ETF(IGV.US) 
Ouch! Led by NOW, it suffered a complete rout, with funds flowing from the software sector to semiconductors.

Some friends are asking how to look at the component stocks?
ADBE: Maintain the view from the post two days ago, no chance left.
MSFT: Is a beneficiary of AI, most optimistic about its future ability to break through AI skepticism.
ORCL: If it can solve its gross margin problem, it can surge.
PLTR: Has a probability of mean reversion.
Simply put, all SaaS stocks need to prove in their earnings reports that AI is a driver of performance growth, otherwise it will be difficult to turn around.