The New Chip Rally Comes With a Warning Attached

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The New Chip Rally Comes With a Warning Attached Alex Rosenberg Fri, September 11, 2026 at 1:30 AM EDT 3 min read MU SOXX ^GSPC NVDA SOX Nvidia and Micron Technology trade at P/Es of 16.6 and 6.3, respectively. They’re not as cheap as they look.

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Bullish (Long) 55% · Bearish (Short) 45%

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