Chip Selloff Recovery & Hedge Fund Blowup

Global chip stocks recovering after worst month since 2008. Hedge fund Drilling International forced $16B sale to Citadel. Retail poured $12B into semi ETFs. Sandisk earnings preview due today (Aug 2) with analyst revisions. Memory supply crunch into 2028 from Samsung. Kioxia 45x profit surge. Oil rose to ~$88 on Iran concerns, then dropped on Iran pause (Aug 3). Fed hawkish hold, GDP miss, 30Y yield 5.20%. Industrial rotation strengthening. Zacks earnings preview confirms broadening. eToro adds AMD technicals and SpaceX lock-up risk. New: Oil drop on Iran pause, SpaceX first earnings, Palantir earnings, pharma merger talks, memory dip buying strategy. Latest market rally (Aug 3) on easing geopolitical risks and strong ISM data further supports recovery.