Preface: This is not a game of "I'm smarter than the institutions." Before diving into specific company analyses, it's essential to first make a qualitative assessment of the current market trend. The recent continuous decline in the AI infrastructure sector is not an unexpected event that happened suddenly one day, but rather a consistent and directional process of risk reduction. In other words, this is not a flash crash, but a systematic reduction of risk exposure by capital. When I refer to this adjustment as a "structural dislocation," I'm not implying that the market is unprofessional or trying to prove that I'm smarter than institutional capital. On the contrary...