I agree with the first point — the infrastructure buildout clearly hasn’t disappeared; if anything, we’re still in the middle of a massive AI infrastructure cycle. The key bottleneck is increasingly shifting toward essential components like memory, where demand from AI servers, data centers and accelerated computing remains strong while supply takes time to catch up. That’s also why I’m still constructive on the memory theme despite the recent pullback. On the 2x SNDK point, I completely agree that leveraged products require extra caution around earnings because the daily reset and volatility drag can work against you, especially during big price swings. Personally, I’d rather manage the position size and avoid getting overly aggressive into earnings than rely purely on getting the direction right.