$NVIDIA(NVDA.US) said:

“Those large funds in the US that are Long Only are continuously and steadily reducing their positions in US semiconductor stocks (which explains the -30% pullback from NV's peak).

Looking at the chart, the “largest clients” are continuously selling. $AppLovin(APP.US)$Spotify(SPOT.US) $Doordash(DASH.US)$Meta Platforms(META.US) $Amazon(AMZN.US) are still reducing positions by hedge funds, but NV is being reduced by long-term funds.

Today, Broadcom's earnings report exceeded expectations by +11%, and the extent of the surprise is not too large, which is considered a nice beat. However, after such a significant drop, a rebound is quite easy. Let's see tonight; if $Broadcom(AVGO.US) also opens high and then falls, it indicates that the sentiment in AI semiconductors is not over yet...

Long Only always needs to find assets for reallocation. AI semiconductors have accumulated a pool of several trillion dollars over the past 2-3 years, and if this large amount of money slightly overflows, it will be a huge sum.”

(NVIDIA still has growth potential, so it should have a bottom; additionally, with LO outflow, are there some allocations in Chinese concept stocks?)