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$9 Trillion Collapse Machine: AI Boom Enters Uncharted, Perilous New Phase (www.truthdig.com)
submitted 5 months ago by to c/technology@lemmy.ml
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[–] 8 points 4 months ago (5 children)

Short all these stocks of course. SOXS is a 3 times leverage short on semiconductors if you are feeling bold.

comments like this inspire me to become financially literate so that i could understand what was said.

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  • [–] 3 points 4 months ago (4 children)

    It just means that when they finallystop buying semiconductors to fuel datacenters they aren't even building and the semiconductor stocks crash, SOXS will go up 3x for every dollar the semiconductors go down. Only problem is that no one can guess when that is, even if many are sure it's coming. It feels like soon but don't make financial decisions based on what some idiot says on the internet.

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  • [–] 1 point 4 months ago (3 children)

    thanks and i'm confused by whatever "SOXS" is/means.

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  • [–] 1 point 4 months ago (2 children)

    This is probably not a good opportunity for you then. It's not something a beginner should do. Probably I shouldn't have brought it up at all.

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