I see this semiconductor selloff as a healthy reset, not the end of the AI cycle. Higher Treasury yields are pressuring high-growth and capital-intensive names like $Micron Tech(MU.US), $Sandisk(SNDK.US), $Coreweave(CRWV.US) and $Nebius(NBIS.US), but AI infrastructure and memory demand remain strong.

I’m using the pullback to selectively add rather than panic sell. Memory and semiconductor names remain attractive to me for the long-term AI demand story, although I’m keeping some cash ready in case rates trigger more volatility.

I’ll be watching the Fed minutes closely tonight. If the tone turns less hawkish, this correction could reverse quickly. For me, pullbacks are opportunities to accumulate quality AI exposure, not reasons to abandon the thesis. 📈