BREAKING: Goldman Sachs just confirmed the biggest tech exodus in over a decade. Hedge funds cut US tech holdings by 10% in market value. In just two months. Net sellers in 6 of the last 8 weeks. The largest retreat since Goldman's Prime Services desk started tracking this data. US hedge fund exposure to Information Technology has fallen to 16.4%. The lowest in five years. Goldman's own words: "Signs of capitulation are beginning to emerge." Semiconductors, storage, and AI infrastructure took the brunt of the selling. Nvidia, AMD, and Tesla now sit among hedge funds' top short positions, per Morgan Stanley. Here's what makes this dangerous. The index keeps hitting highs while the smart money quietly exits underneath. Tech still makes up over 20% of the entire US equity market cap. Goldman's own warning: "If tech stocks start falling, there is still a long way down." The people paid to see risk first just showed you their hand. They're not waiting for the correction. They're already positioned for it.