To The Moon

Semiconductor stocks like ASML, $NVIDIA Corp(NVDA)$  , $Advanced Micro Devices(AMD)$  , $Taiwan Semiconductor Manufacturing(TSM)$   and $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$  took a heavy beating tonight as they are caught between increasing geopolitical tensions between the U.S. and China. The US is reportedly considering to further tighten the export restrictions of even foreign-made semiconductor chips and their manufacturing tools even with the slightest US contents in them.

The geopolitical tensions are also claiming victims among the big techs such as $Meta Platforms, Inc.(META)$   that has benefited from the AI boom and caught in the crossfire, as a falling tide sinks all ships.

However, I remain optimistic of the growing demands for artificial intelligence in every aspects of modern life, with correspondingly rising demands for semiconductor chips to train and drive the AI engines. Hence, the short-term price weaknesses offer me an opportunity to accumulate these magnificent stocks for long-term growth.

@TigerWire @TigerStars