Citadel Securities sees $500B+ of AI chip debt coming by 2028. Most issuance would be 3-5 year to match chip lifespan, and chip-makers alone are estimated to issue $250B+ in 2028.

Citadel bought the @leopoldasch's book after steep losses. @BCheque1 thinks its earlier rate-hike call now deserves another look. “So first takeaway for me is that Ken Griffin at Citadel is a killer. Second move, second takeaway, as I said on Wednesday, I didn't believe that this perspective that was shared that Citadel thought there was a rate hike coming was real. I just couldn't see any reason for a rate hike then. And I think what is clear is that they were very aware of the predicament that Situational Awareness was in.”

Citadel and other sharks know exactly what the Leopold news would do for semis/momo. They made a couple B, and now they know theres a fuckton of retail and other players who bot back in on Wednesday and prob have their stops right below, or worse arent even using stops. What happens next?