Chip Stocks Just Hit a BEAR MARKET — Is Kimi K3 the Next DeepSeek?

📅 New episodes every Thursday at 6AM ET and Sunday at 7PM ET — market updates, prep, momentum plays, and trade ideas.💸 Support Stonkcast: If you're getting value, consider buying Brandon a coffee or helping cover production costs. 🔗 https://paypal.me/stonkcast📈 Level Up Your Charts: Get $15 off TradingView — the charting platform I trust every day. 🔗 https://tradingview.com/?aff_id=154886🛒 Shop Stonkcast Merch: 🔗 http://stonkcast-shop.fourthwall.com/collections/all🐦 Follow on X: 🔗 http://x.com/StonkcastShow🎧 Listen On-the-Go: Catch every episode on your favorite podcast app. 🔗 https://pod.link/1791475353Semiconductor stocks just entered an official bear market, down 20% from their record — and the trigger is Kimi K3, a new open-source AI model from China that Wall Street is calling "DeepSeek 2.0." This week's Market Prep breaks down what Kimi K3 is in plain English, why cheap open-source AI threatens the AI spending boom, and what the original DeepSeek selloff teaches us about what could happen next.Then: Apple is the world's most valuable company again. We walk through how the "behind on AI" narrative flipped into an AI-winner story, the massive analyst disagreement on the stock, and the billion-iPhone upgrade thesis.Plus a SpaceX update — a scrubbed Starship launch, a break below the IPO price, and the float mechanics driving the wild swings — and your prep for a huge week: nearly 80 S&P 500 earnings reports, headlined by Alphabet and Tesla on Wednesday and Intel on Thursday, with the Fed in its quiet period before the July 29 decision.Stonkcast — the market show for the average Joe.⚠️ Disclaimer: This content is for educational purposes only and should not be considered financial advice. Investing involves risk. Always do your own research or consult a licensed professional before making any investment decisions.