$XL2CSOPHYNIX(07709.HK) Recently, technology stocks and memory storage have become extremely fragile, plummeting at the slightest sign of trouble. Here's a summary of the recent crash events:

1. The South Korean government regrets launching leveraged ETFs.

2. Waller gave a speech, and the US Dollar Index strengthened.

3. Apple announced product price increases.

4. Rumors circulated about South Korea demanding a share of AI profits, which were later debunked.

5. Waller gave a speech, and Meta plans to rent out its surplus AI computing power.

Every seemingly insignificant event, even fabricated ones, gets blown out of proportion.

I recall back in February, there was this bizarre and ridiculous logic: someone released an AI software that threatened to replace traditional SaaS services, causing SaaS provider stock prices to plummet, which then spread to the AI sector, leading to a crash there, and ultimately causing a market-wide plunge.

Looking back now, what a load of nonsense, no logic at all. But it can cause huge market volatility, leading to losses in your account.