Semis Set For A Historic Crash

By Tim Knight of Slope Of Hope

Managing Partner at Tim Knight Organization • Sep 3, 2024 at 12:50 PM EDT

Semis could be one of the greatest wipeouts of the decade, led by the overvalued NVDA

person using MacBook Pro on table

Image Source: Unsplash

Semis could be one of the greatest wipeouts of the decade, led by the laughably overvalued NVDA (which has been on fire due to the even more laughably overvalued AI nonsense). This stock peaked months ago. In 2026, people will look back and laugh at these prices.

This is, naturally, all bleeding into semiconductors as a whole, as SMH continues to wither away, day by day.

September is off to a superb start.

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Paint It Green
One Sparked, The Other Plugged
Gilding The Lilly

I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.

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