The logic for A-shares is too short-term. Even switching to software, there’s barely any performance, and only a very few have it... Hardware has weak chips but good fundamentals, while software has strong chips but mostly poor fundamentals. I still don’t get it—why has it dropped this much? Isn’t scale-up obviously the only way to solve the problem? Storage has always been a cyclical stock. NVIDIA already said the CPO timeline remains unchanged, and SemiAnalysis will still short it, then turn around and hype it after grabbing AXTI chips