Tonight’s semiconductor moves really caught me off guard. The Fed stayed put, BTC is struggling around 64,000, and yet the chip sector went full blast. SOXX +5.4% surged to 632, just a hair away from its 52-week high of 632. SMH +4.8% hit 653, also knocking on the door of its all-time high. No earnings catalyst, no big news. Just buying, pure buying. I have no idea where the money is coming from, but this kind of move isn’t something retail investors can push. TSLA is down, BTC is down, but chips are up. Money is selectively clustering. The AI computing power story isn’t over yet. If SOXX holds at 632, it’s a whole new era. If it doesn’t, a pullback to consolidate around 600 would be totally normal. Tonight, I’m watching just one thing: can SOXX close at a new high?