Dave Mazza(@MazzaDave):Memory stocks doubled from early April to late June. $MU gained over 300% in the first half. Three weeks later the group is down 20%+ and semis have lost $1.5 trillion in market cap. The question I keep getting is whether the AI trade is over. It isn’t. What we’re watching is the fastest leverage unwind since 2024, concentrated in one of the most crowded trades globally.

Dave Mazza

@MazzaDave

Chief Executive Officer @roundhill. Disclaimer:

加入 November 2018

709 正在关注 2K 粉丝

Dave Mazza@MazzaDave

2026.07.19 15:35

Memory stocks doubled from early April to late June. $MU gained over 300% in the first half. Three weeks later the group is down 20%+ and semis have lost $1.5 trillion in market cap. The question I keep getting is whether the AI trade is over. It isn’t. What we’re watching is the fastest leverage unwind since 2024, concentrated in one of the most crowded trades globally.

显示更多