The AI trade is far from over.
The semiconductor sector sold off simply because the rest of the market did, on tariff fears and uncertainty. The fog is clearing after today, then negotiations start.
OpenAI reported they still dont have enough NVDA GPU's to do what they want.
They also had the largest funding round in history, $40 Billion raised. Where is the $40 BILLION going to go? my guess is NVDA, maybe AVGO for custom chips.
We are still in the relatively new stages of large language models and we still have chip shortages, when robotics's development expands the shortage will persist.
If OpenAI has stortages, i imagine everyone else does as well.
Long NVDA, AVGO and TSM.