Yes, unfortunately on both a company level and a macro level there will likely be better opportunities to accumulate lower.
This is a blow that can't be sugar-coated, but it is not the end of the world as the technology still has validity.
An optimist (like Edison) would say the news is potentially a blessing in disguise.
I will hold what I have and review adding when and if those opportunities emerge.
At a macro (world markets) level the inflation trade may have some way to go but it is not carrying all companies up with it.
It is increasingly concentrated and concerning. Some small caps will break through, but the majority will be dragged back down. Something to think about for all who bought spec stocks through 2020 off the lows. Your paper gains may disappear if you do not sell. You will need conviction to hold.
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