Because dumocrats going to win a lot of seats in the coming mid-term election, and they will screw with Trump's pro-AI stance.
Nobody wants to invest heavily in chip stocks now. What volume you see now is mostly algos playing the market back and forth.
Impeachment proceedings are coming if Dems sweep both house and senate. Trump only has himself to blame for starting all this nonsense during his term, the war in Iran alone turned away many republican voters. He could have been just like Bill Clinton, do nothing and claim credit for one of the greatest economic boom driven by AI capex.
Btw there's speculation that large scale bombings are about to restart, Netanyahu is far behind in polls so both jokers got nothing to lose anymore, God knows what they will do before Israeli elections.