This stock has been hit hard on prior forecast cuts and underwhelming results.
So after a big derating, a "less bad than feared" can be a classic bullish catalyst.
So after sentiment washed out but secular #AI demand still intact, can encourage dip buying and short covering in this name.
We also have the #ASML rumour of IP leaking and SMCI speeding up their own fabrication technology.
So after a big derating, a "less bad than feared" can be a classic bullish catalyst.
So after sentiment washed out but secular #AI demand still intact, can encourage dip buying and short covering in this name.
We also have the #ASML rumour of IP leaking and SMCI speeding up their own fabrication technology.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
