Buying the dip really paid off: Nasdaq +1.09%, Philadelphia Semiconductor Index +4.2%, recovering one-third of Thursday’s losses. $AMD +11%, $NVDA +2.8%—both have turned positive for the year. Huang’s net worth had fallen out of the top ten, but it’s back now. Even $IREN, focused on data centers, rose 20% on its earnings report. The one laggard? $MSFT. Yesterday, news broke that Microsoft plans to shut down Oracle’s AI computing capacity, citing outdated GPUs that are no longer usable. The announcement sent Oracle’s stock plunging 5.2%, leaving it 68% below its all-time high—truly staggering. Interestingly, in the same week, Microsoft also declined to extend its lease option for the Nscale Texas campus and trimmed its full-year capital expenditure guidance from $175 billion down to $170 billion. Is Microsoft facing excess compute capacity, or simply cutting low-value contracts? We’ll need to watch closely. November 17 is NVIDIA’s earnings day. Whether Huang can reignite momentum and whether the AI sector can make history again hinges on this one report.