I said on Monday that AMD would fall back to 480 this week, and it's now at 529. I admit I was wrong. Last Friday it closed at 449, and it's risen nearly 18% today. Nvidia lost 470 billion in market value in two days, stumbling over the CEO controversy and a scorching CPI report. CoreWeave's earnings report was released yesterday after the market closed, raising its full-year revenue guidance from 12.9 billion to 13.3 billion. AMD and Broadcom are the ones taking the hit. The 10-year yield is hovering around 5%, and yesterday's CPI was scorching. The market is now betting on an interest rate hike next month. If the SMH doesn't close above 510 this week, I won't chase it.