The old supply is proposed to be diluted to 20%, and the Secret Network community draft proposes a large-scale issuance.

A UBS report indicates that inventory levels of analog chips have dropped to lows, and continued price increases, along with tightening supply and demand, are supporting an upward industry cycle. Texas Instruments is the top pick due to its better-than-expected earnings and cash flow turning point, while Analog Devices and others are also performing strongly.

Janus Henderson Bernstein pointed out that the adjustment of the AI sector will reduce overall financing costs, benefiting small-cap stocks. Despite the record-breaking consecutive declines in chip stocks and severe inflation data, he believes the market is undergoing a healthy revaluation and that long-term trends are not constrained by short-term dominant factors.