Why AI Chip Stocks Crashed Into the Close Despite Meta's Huge Move

The Wednesday session closed Red. Here is why. Institutional investors aggressively faded the midday rally, rotating out of overcrowded semiconductor names and into defensive giants. 🚀 Winners: Meta Platforms surged on new 'Meta Compute' AI cloud plans, while General Mills jumped on a massive earnings beat. 📉 Losers: Semiconductor profit-taking slammed Micron down over 10% and neoclouds collapsed on competition fears. 🔔 The Look Ahead: Tomorrow morning's June Non-Farm Payrolls report is the ultimate market mover, setting the tone for the Fed's next policy decision. Content is for informational and educational purposes only. Market data may be subject to platform delays. This is not financial advice.