Nvidia CEO Jensen Huang called the recent tech selloff a buying opportunity, declaring the AI buildout is only beginning. Hours later he sealed a multi-year deal with SK Hynix for next-generation AI memory chips. Intel shares surged 13% to roughly $112 after reports of a massive Google order for 3 million tensor processing units in 2028, showing fresh demand for US chip capacity.

The Bear Case

Dow Jones futures eased 0.02% above 50,850 while broader risk appetite stayed...