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NVDANEUTRALORCLBEARISHSubstantive discussion · 3/5

AI trade entering late innings after blow-off

The AI semiconductor and software trade is reaching a late-stage top as indicated by blow-off tops in software names and head-and-shoulders patterns in key chipmakers.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE