---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42349755.md"
description: "Waller's speech was dovish, but Meta tanked the market.Waller's speech tonight was dovish, especially the line about inflation risks having subsided, which is why you can see the yellow line surging. But why did the U.S. tech market get hammered? That's because Meta actually came out and said its computing power is in surplus and it plans to sell the excess.When you say something like that, the market interprets it as AI hardware reaching saturation and limited growth potential. So the market directly sold off tech stocks. Especially the AI hardware sector.Let's see if sentiment can recover a bit later in the night.$Invesco QQQ Trust(QQQ.US)$iShares barclays 20+ Yr Treasury Bd(TLT.US)$Meta Platforms(META.US)$SPDR Gold Shares(GLD.US)$NVIDIA(NVDA.US)$Micron Tech(MU.US)"
datetime: "2026-07-01T14:33:55.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42349755.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42349755.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42349755.md)
author: "[纳斯达克战士](https://longbridge.com/en/profiles/12201158.md)"
---

# Waller's speech was dovish, but Meta tanked the ma…


### Related Stocks

- [META.US](https://longbridge.com/en/quote/META.US.md)
- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)
- [MU.US](https://longbridge.com/en/quote/MU.US.md)
- [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md)

## Comments (23)

- **logic_s · 2026-07-02T01:12:37.000Z**: The market is actually interpreting Meta's capex cut next year.
- **慢慢变富• · 2026-07-01T22:15:20.000Z**: Meta, this underperformer, is not trustworthy, so I'm adding more memory.
- **oxyg3n · 2026-07-01T15:17:19.000Z · 👍 1**: It's just fake news from Bloomberg. They just said a few days ago that Google was restricting Meta's computing power, and now they're suddenly reporting that Meta has a computing power surplus? These trashy media outlets can only manipulate the market in the short term.
  - **学会空仓的小刘鸭** (2026-07-01T15:29:40.000Z): Haha, this guy resells as a second-hand dealer, and the quantity he sells is not enough.
- **海龍王彼得 · 2026-07-01T14:54:07.000Z · 👍 6**: Meta's own model is as crappy as 💩. If they don't sell their computing power, are they just going to let it sit there and depreciate, gathering dust? Meta's computing power used to be for internal training and couldn't be directly monetized. Just because Meta doesn't need that much computing power 
  - **海龍王彼得** (2026-07-01T16:00:33.000Z): Google previously said there was insufficient computing power and restricted Meta from using Gemini, so how did the industry suddenly become over-supplied with computing power? Forgot so quickly? 🤡
- **脑在飞嘴在追 · 2026-07-01T14:53:42.000Z · 👍 7**: I think Meta hasn't achieved anything significant and just wants to sell computing power to recoup some losses. In this AI war, it should be considered out of the game.
- **新用户上来发呆的 · 2026-07-01T14:50:07.000Z · 👍 1**: Excess computing power being rented out, but there are people renting it. This logic is mind-blowing.
  - **华尔街之虫** (2026-07-01T14:53:52.000Z): Hahaha
- **半金属外壳 · 2026-07-01T14:42:52.000Z · 👍 2**: Meta's big model, which is more of a hindrance than a help, can't beat A and O companies. Do they think they can beat Google and Amazon by transforming into a hyperscaler? They can't even get a hot meal.
- **芋泥暖香柑 · 2026-07-01T14:42:19.000Z**: Buy orders are too weak,
- **塔可 · 2026-07-01T14:39:15.000Z**: Market interpretation says there is a computing power surplus.
- **FakePhoenix · 2026-07-01T14:37:35.000Z**: Wait a second, who's dumping the shares? My stocks were rising just fine.
  - **学会空仓的小刘鸭** (2026-07-01T15:30:00.000Z): Proves you didn't configure semiconductors before either
  - **FakePhoenix** (2026-07-01T15:31:30.000Z): This dip is pretty good, are you going to add to your position?
- **石油大王 · 2026-07-01T14:37:24.000Z · 👍 1**: Meta itself is so short on GPUs that it's numb, renting old H100s.
  - **股指比严格1:3** (2026-07-01T14:42:14.000Z): If your own model is so trash, can it really utilize hundreds of billions worth of GPUs?
- **掌控美股的神 · 2026-07-01T14:36:55.000Z · 👍 1**: Meta surged
  - **纳斯达克战士** (2026-07-01T14:39:24.000Z): Primarily affects AI hardware
- **快乐牛牛 · 2026-07-01T14:36:00.000Z**: Dove, is it about to cut interest rates?
  - **纳斯达克战士** (2026-07-01T15:04:04.000Z): Not that dovish, just a lower probability of a rate hike.
  - **快乐牛牛** (2026-07-02T01:48:12.000Z): Alright, bro
  - **快乐牛牛** (2026-07-02T01:48:25.000Z): Isn't that a good thing? Why is it still falling sharply?