葛优躺

$Intel(INTC.US) feels like the semiconductor sector has completely crashed.

$XL2CSOPHYNIX(07709.HK) is going to zero, huh?

$GraniteShares 2x Long META Daily ETF(FBL.US) Damn, how does it still have the nerve to go up

$XL2CSOPHYNIX(07709.HK) can't be bought anymore. I only noticed today that it didn't even track the single-day gain on Friday. The underlying stock rose 10.88% on Friday, but this only rose 6.57%. Forget double, it didn't even match the single gain. That's just too shady.

$XL2CSOPHYNIX(07709.HK) has swallowed nearly 15 points?

$Arm(ARM.US) is still falling? Stop dropping, please, I'm almost unable to hold on because of Meta.

$Meta Platforms(META.US) I feel relieved seeing so many people criticizing you.

$XL2CSOPHYNIX(07709.HK) Recently, technology stocks and memory storage have become extremely fragile, plummeting at the slightest sign of trouble. Here's a summary of the recent crash events:

1. The South Korean government regrets launching leveraged ETFs.

2. Waller gave a speech, and the US Dollar Index strengthened.

3. Apple announced product price increases.

4. Rumors circulated about South Korea demanding a share of AI profits, which were later debunked.

5. Waller gave a speech, and Meta plans to rent out its surplus AI computing power.

Every seemingly insignificant event, even fabricated ones, gets blown out of proportion.

I recall back in February, there was this bizarre and ridiculous logic: someone released an AI software that threatened to replace traditional SaaS services, causing SaaS provider stock prices to plummet, which then spread to the AI sector, leading to a crash there, and ultimately causing a market-wide plunge.

Looking back now, what a load of nonsense, no logic at all. But it can cause huge market volatility, leading to losses in your account.

$Intel(INTC.US) cost 138….

$Intel(INTC.US)⚕ $Arm(ARM.US)$Micron Tech(MU.US)

────────────

【The Cause-and-Effect Chain of the 6/26 Crash】

1️⃣ The trigger for the U.S. stock market's night session chip stock crash (early this morning Beijing time)

- Last night, Apple officially raised prices for iPads and MacBooks, up to $500. Cook said in an exclusive interview with WSJ that the price hike was “unavoidable,” with the *direct reason being the skyrocketing cost of memory chips (DRAM/NAND) driven by AI*.

- The market immediately repriced: the memory price increase is not a positive for SK Hynix/Micron (it is in the short term), but rather the logic of *” downstream demand being crushed by prices”* — Apple's price hike will suppress sales, AI capital expenditure is peaking, transmitting to the entire chip industry chain.

- The semiconductor sector collectively fell in after-hours/night trading, with Nasdaq 100 futures also plunging.

2️⃣ South Korea's KOSPI market circuit breaker triggered today (morning session -8%, the 5th circuit breaker this year)

- Direct victims: Samsung Electronics -9%, SK Hynix -12%.

- KOSPI is highly concentrated in the chip duopoly, with Samsung + SK Hynix accounting for ~30% of the index weight. Their crash = index circuit breaker.

- Media headline keywords: *” SoftBank rout drags Asia down”*, *” new tech rout”*. SoftBank's holdings in Arm/AI concepts also plummeted, infecting the entire Asia-Pacific tech stock market.

3️⃣ The underlying macro narrative (this is the real driver)

- For the first time, a downstream player of Apple's caliber publicly acknowledged the chain: *AI capital expenditure → memory squeeze → terminal price hikes → demand destruction*.

- The market is beginning to worry: has the 2024-2025 AI infrastructure narrative already entered the stage of ” profit squeezing downstream”? TSMC's earlier capex warning + Apple's current price hike = signals in the same direction.

- Combined with the U.S. stock market's own high valuation (the semiconductor sector's PE is already at the historical 90%+ percentile), it crashes at the slightest disturbance.

—

【Impact on You】

- If your U.S. stock holdings include names like NVDA/AMD/MU/AVGO, sentiment is bearish before tonight's U.S. market open. I will verify again pre-market and issue defensive alerts.

- Hong Kong stocks like Alibaba and Tencent have already fallen today (Asia tech stocks broadly declined). Be cautious about sentiment before tonight's Hong Kong market open.

- *Risk level raised to ” High”*: The first crack has appeared in the macro-level AI narrative. It is recommended to reduce tech stock positions (unless your stop-loss is already set).

Is it the end of the world? Are the US and Iran at war again? Is the Strait of Hormuz closed again? Has Trump restarted the tariff stick? None of that, so what's the reason for the drop?

$Intel(INTC.US) A bunch of idiots on Wall Street. What were they thinking dumping the stock at the open like that?

$Arm(ARM.US) Why is it suppressing the price again? I'm speechless.

$Arm(ARM.US)✅ Pre-market analysis is complete. Today's focus: Semiconductor pullback not over yet + MU earnings report after market close tonight. Key technical levels for WDC/UVXY/PLTR to watch.

📋 2026-06-24 Pre-market Analysis Summary

Time: 2026-06-24 21:00 CST (UTC 13:00) | Market Sentiment: Fear (27.5)

Key Events

• 🔴 Semiconductor sector plunges for the second consecutive day: SMH -7%, SOX -8%, MU -13%, dragging down Nasdaq -2.21%

• 🟢 Geopolitical risks cool down: Progress in US-Iran talks, oil price falls below 76 (WTI73)

• 🟡 Fed hawkish: New Chairman Warsh's debut with tough talk "will deliver price stability", September rate hike probability soars to 70%

• ⚠️ Biggest event tonight: MU earnings report after market close (expected ±14%), will directly impact the memory sector's direction

Position Technical Levels

Symbol Last Price Support Resistance Technical Signal

WDC $732.62 $720-726 $770-780 RSI 70.62 Overbought

LABU $230.01 $218-221 $235-240 MACD Golden Cross

UVXY $25.86 $24.70-25.00 $26.50-27.00 MACD Death Cross + Oversold Edge

Tomorrow's Key

📅 6/25 8:30 Fed PCE inflation data (expected 4.1%, previous 3.8%) — May further strengthen rate hike expectations, affecting all risk assets

⚠️ Dual macro risks from MU earnings + PCE data, control overnight positions, don't enter when uncertain.

$Arm(ARM.US) lost 250k in two days, sigh, I've liquidated. Not playing anymore.

$Arm(ARM.US) is a bit weak today

$Direxion Daily Korea Bull 3x Shares ETF(KORU.US) With Walsh taking office tomorrow, will he drop a big one?

$Intel(INTC.US) fell just before dawn. 😂

$XL2CSOPHYNIX(07709.HK) This is a triple leverage, right? The underlying stock drops 1%, you drop 3%.

$Direxion S&P Biotech Bull 3X(LABU.US) Damn, it can really fall.

$XL2CSOPHYNIX(07709.HK) Goodbye, what a piece of crap.

$XL2CSOPHYNIX(07709.HK) If it doesn't skidded at the open, it will definitely skidded at 1 p.m. This has always been the pattern.

$XL2CSOPHYNIX(07709.HK) Another shitty day today.