Expect 30–40% Corrections in AI Leaders; AMD’s Technical Strength Stands Out

Bullish Gator

Mario Lagana warns of 30–40% sell-offs in AI and tech leaders after July’s high‑volume selling, while AMD remains technically resilient compared with peers like Micron.

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What stands out

Schwab Network aired Mario Lagana warning that violent July selling and high-volume down days could produce 30% to 40% corrections among artificial intelligence (AI) leaders, a claim that matters because it reframes the chip space as fragile instead of bulletproof. He singled out Micron as an example of names that have already suffered steep weakness while noting AMD has held up technically. For Micron investors this clip is a quick reminder that sector narratives can flip, and that volume-led selling historically accelerates drawdowns.