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[โ€“] 6 points 2 months ago (2 children)

Although it's clear China has a machine, what it can do, how much and when exactly, remains open for discussion at this point.

"Reportedly" and "citing people familiar with the matter" being key to the validity here. I remember reading another article (like this by lithography experts explaining the many pitfalls. Still the stock has tanked a net 4,6% driven by this news.

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  • [โ€“] 4 points 2 months ago (1 child)

    Still the stock has tanked a net 4,6% driven by this news.

    My understanding is that a stock price will fall if people think that people think that it is in trouble, even if it is not in trouble.

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  • [โ€“] 3 points 2 months ago*

    My understanding is that a stock price will fall if people think that people think that it is in trouble, even if it is not in trouble.

    Yeah, exactly. Sentiment ( ~trust & prognosis) plays an important role in demand too, and thus in the stockprice.

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