Buy the Dip, or Get Off the Train? My Honest Take on the AI Selloff Let’s not pretend this pullback came out of nowhere. Chip and memory names got hit hard over the past few weeks — Micron ($MU) dropped double digits in a single session ahead of earnings, SanDisk shed similar ground, SK Hynix fell sharply in Seoul, and the Nasdaq had its roughest stretch since the AI rally began. Headlines are calling it “the AI bubble finally popping.” I don’t think that’s the right frame, and here’s why. Two different stories are getting mixed together Story one is valuation. Some AI-adjacent names ran up so far, so fast, that any pause in the narrative was going to trigger profit-taking. That’s normal market mechanics, not a verdict on AI itself. Story two is fundamentals, and this is where I think the