#Advanced Energy earnings eve: AI coins are all doing their own thing
Advanced Energy, a power-supply maker for semiconductor equipment, is about to report earnings, and the market is watching to see whether its AI power orders are really holding up. I took a look at crypto, and the three AI musketeers are completely out of sync.
$FET is trading at 0.1556 USDT, down 4.1% in 24 hours. $TAO is trading at 224.9 USDT, also down 4.1%. Only $RNDR is bucking the trend, trading at 7.03 USDT, up 2.6%. They’re all in the AI-computing business, so why such a big difference?
To put it plainly, semiconductor equipment earnings are a traditional stock-market thing. Crypto is riding on the “AI demand is booming” narrative. If demand really is booming, computing-power coins should all be moving together. The way they’re trading now looks more like investors are each going their own way.
If tomorrow’s earnings beat expectations, will these three play catch-up or keep playing dead? Which one are you holding?
Advanced Energy, a power-supply maker for semiconductor equipment, is about to report earnings, and the market is watching to see whether its AI power orders are really holding up. I took a look at crypto, and the three AI musketeers are completely out of sync.
$FET is trading at 0.1556 USDT, down 4.1% in 24 hours. $TAO is trading at 224.9 USDT, also down 4.1%. Only $RNDR is bucking the trend, trading at 7.03 USDT, up 2.6%. They’re all in the AI-computing business, so why such a big difference?
To put it plainly, semiconductor equipment earnings are a traditional stock-market thing. Crypto is riding on the “AI demand is booming” narrative. If demand really is booming, computing-power coins should all be moving together. The way they’re trading now looks more like investors are each going their own way.
If tomorrow’s earnings beat expectations, will these three play catch-up or keep playing dead? Which one are you holding?