Last night's sharp decline can be divided into two parts: first, the overall market drop, with the NASDAQ falling another 2%; second, the semiconductor sector plummeting, with Nvidia down 10% and Super Micro Computer down 23%, leaving the market in shambles. Regarding the broader market: the NASDAQ has fallen for three consecutive weeks, dropping 5.5% this week, marking its worst weekly decline since mid-2022. The conflict between Israel and Iran is a manifestation of the clash between two worlds, much like the Vietnam War, which was essentially a proxy conflict between the U.S. and the Soviet Union. Yesterday's observations also confirmed this: when turmoil hits the Middle East, Asian markets suffer the most, with Japanese, South Korean, and Taiwanese stocks each dropping 3%. Think about it—the Israel-Iran and Russia-Ukraine conflicts are just surface-level manifestations, while the Israel-Iran and Israel-Palestine conflicts represent an escalation...