Analyst Tiernan Ray cites Merrill Lynch research suggesting AI chip companies like Nvidia may produce more semiconductors than the market can absorb, despite upbeat sales forecasts. UBS finds chip stocks undervalued, but cloud giants' actual spending plans don't fully support optimistic growth projections.
X users discuss DeFi and cryptocurrency trends. A user shares their preference for DeFi/crypto over AI and robotics after leaving employment. Technical analysis of $RAY (Raydium) token shows bullish momentum with price breaking resistance levels and converting them to support.