Institutional hedging is surging as open interest on puts outweighs calls by over 3 to 1
Hyperscalers are dumping 650 billion into AI infrastructure but AI chip guidance is stalling
Broadcom hit revenue targets but failed to raise full year AI guidance causing sector jitters
Global smartphone semiconductor revenues are set to collapse 13 percent in 2026
Memory prices are spiking 50 percent creating a cost bottleneck that kills downstream margins
Market breadth has effectively evaporated as gains rely on fewer and fewer names
This is a structural bubble where capex spending has decoupled from actual earnings growth
Betting on a correction is not just sentiment it is a mathematical necessity
The leverage is about to unwind as the AI buildout hits a reality check
Not financial advice