🏛 Central Banks & Macro mixed · 6–18 months
A what‑if from the future

What if emerging-Asia electronics suppliers face order cancellations as the AI capex cycle turns?

Emerging-Asia electronics and component suppliers feeding the AI build-out face order cancellations and FX pressure as the capex cycle turns down.

9%
our model probability
over 6–18 months
prediction markets — wisdom of the crowd
loading live odds…
Empirically anchored 9% · 90% range 0–19% · 40 analogues · measured class supply_chain 26% in 18 mo · 3% held back for the unknown
how we built this number — every step
Measured class rate — supply_chain ≈0.2052/yr → 26% in 18 mo26%
Analyst prior · editorial share 30% of the class8%
Pooled · weight 87%9%
Crowd — no liquid market
Reserve 3% · no extremizing (×1.0)9%
Published9%

The class rate is measured from our dated, sourced event library (decade-normalized Poisson — the full table is public at base_rates.json). The variant’s share within its class is the analyst’s editorial call, published so you can audit it. A wider range means thinner precedent. Full recipe: methodology · scored at Reality Check.

The butterfly cascade

How this trigger trickles across markets, left → right — the root shock, its first‑order moves, then the ripple effects. Drag any node; tap a market for its real price history.

Resolution timeline — how this probability is moving

Our model's odds (gold) over time vs the crowd's (Polymarket, blue), from the past toward the 6–18 months horizon. Each dot is a real macro event that nudged the probability — green pushed it up, red pushed it down. Tap a dot for the source. The gold path is an illustrative reconstruction anchored to today's estimate — real dated events, not a live re-estimate history.

loading the timeline…

What it would mean

If this plays out, it is a mixed shock. Emerging-Asia electronics and component suppliers feeding the AI build-out face order cancellations and FX pressure as the capex cycle turns down. The trigger decomposes into signed root‑shocks — EM currencies ▼ · AI capex ▼ · Industrial demand ▼ · Semiconductor supply risk ▲ — which propagate through our causal graph to the markets below.

If it happens — the markets it would move

Biggest moves first. Projected moves are cascade-model priors; hist A–B% = what comparable past events actually did (measured abnormal returns), and model prior · unmeasured marks markets with no analogue backing yet. Tap any market for its price history.

MarketClassProjected move
1Nvidia NVDAon Hyperliquid 📈 chartEquity▼ -1.9%
hist -2.84–+0.04% · other way +10.73% (n=11)
2TSMC TSMon Hyperliquid 📈 chartEquity▼ -1.6%
hist -1.61–-0.26% · other way +1.22% (n=11)
3Broadcom AVGOon Hyperliquid 📈 chartEquity▼ -1.1%
hist -0.99–+0.21% · other way +1.38% (n=10)
4Micron MUon Hyperliquid 📈 chartEquity▼ -1.1%
hist -2.4–+0.32% · other way -1.56% (n=11)
5Semiconductors SMHon Hyperliquid 📈 chartEquity▼ -1.1%
hist -0.63–-0.12% · other way +1.87% (n=11)
6ASML ASMLon Hyperliquid 📈 chartEquity▼ -1.0%
hist -2.84–+0.76% · other way -2.85% (n=11)
7AMD AMDon Hyperliquid 📈 chartEquity▼ -0.7%
hist -0.62–-0.14% · other way -1.39% (n=11)
8Marvell MRVLon Hyperliquid 📈 chartEquity▼ -0.7%
hist -1.35–+2.66% · other way +0.53% (n=11)
9Turkish lira TRY 📈 chartFX▼ -0.5%
hist -0.75–+0.04% · other way -2.43% (n=11)
10Qualcomm QCOMon Hyperliquid 📈 chartEquity▼ -0.5%
hist -2.7–+0.8% · other way -1.53% (n=11)
11Freeport (copper) FCX 📈 chartEquity▼ -0.4%
hist -3.93–+0.62% · other way +1.61% (n=11)
12Indian rupee INR 📈 chartFX▼ -0.4%
hist -0.26–-0.14% · other way -0.19% (n=11)
13Intel INTCon Hyperliquid 📈 chartEquity▼ -0.4%
hist -2.7–+0.73% · other way -1.63% (n=11)
14Chinese yuan CNY 📈 chartFX▼ -0.2%
hist -0.18–-0.07% · other way -0.21% (n=11)

Probable recommendation

If the scenario above plays out, the probable cross‑asset positioning → a scenario‑conditional read, not personalized investment advice
Long
For a common-man portfolio: Mixed for a typical portfolio — the move is more about rotation than direction. Favour the winners over the losers below rather than net exposure.
Also moves (not yet on Hyperliquid): Turkish lira -0.5% · Freeport (copper) -0.4% · Indian rupee -0.4% · Chinese yuan -0.2%

Historical precedent — what analogous events actually did

Across 40 analogous events (overlap‑weighted), as abnormal returns — market beta stripped, so it's the event's own effect, not the market backdrop. Shown at 20 days (persistent) and 5 days (immediate); ↺ fades = the two horizons disagree. Confidence = consistency × sample × significance.

Gold tops $4,000 and silver spikes past $50 in historic squeeze 2025-10 Gold tops $3,000 for the first time amid tariff and rate-cut fears 2025-03 TSMC slumps as DeepSeek roils AI-chip demand assumptions 2025-02 Micron's weak FQ2 guidance sparks a sharp December selloff 2024-12 ASML bookings-miss crash 2024-10 Gold tops $2,500 for the first time on Fed rate-cut bets 2024-08 Megacap AI-capex doubt selloff 2024-07 Trump 'Taiwan should pay for defense' chip selloff 2024-07 Netflix subscriber-loss crash 2022-04 Meta 2022-02 Didi removed from China app stores after NYSE IPO 2021-07 Gold closes above $2,000/oz for the first time 2020-08 Nvidia crypto-glut guidance crash 2018-11 North Korea sixth nuclear test 2017-09 North Korea 'fire and fury' nuclear scare 2017-08 Gold futures velocity-logic flash crash 2014-01 Gold all-time peak of $1,921/oz 2011-09 Egyptian revolution / Mubarak uprising 2011-01 Soviet August coup attempt against Gorbachev 1991-08 Chernobyl disaster 1986-04 Silver Thursday 1980-03 Gold peaks at $850 1980-01 Iran hostage crisis / US freezes Iranian assets 1979-11 Three Mile Island partial meltdown 1979-03 1979 Iranian Revolution oil shock 1979-01 Fatal mud-rush halts Freeport's Grasberg, tightening copper supply 2025-09 Trump's 50% copper tariff sends Comex copper to a record 2025-07 Israel strikes Iran — Operation Rising Lion 2025-06 Anglo American demerges Valterra Platinum 2025-06 China retaliates to Liberation Day: 34% tariffs + rare-earth controls 2025-04 Tesla shares crater on DOGE political backlash and Europe sales collapse 2025-03 DRC suspends cobalt exports 2025-02 Henry Hub natural gas hits a 25-year low amid record US production 2024-11 October 2024 Iranian ballistic-missile attack on Israel 2024-10 Waha hub natural gas prices crash to record negative on Permian glut 2024-08 Nikkei 225 record single-day rebound 2024-08 Nikkei 225 worst single-day crash since 1987 2024-08 KOSPI biggest-ever point loss triggers circuit breaker 2024-08 VIX third-highest spike on record 2024-08 Report of a Blackwell design flaw signals a multi-month delay 2024-08
AssetHistory saysAbnormal (20d · 5d)HitnConfidencevs cascade
FCX FCXSHORT-3.2% · 5d -1.7%71%33 0.34✓ matches cascade
Gold XAULONG+0.9% · 5d -0.2% ↺ fades67%33 0.28·
Volatility VIXLONG+5.3% · 5d -0.4% ↺ fades62%34 0.22·
US dollar DXYSHORT-0.2% · 5d +0.2% ↺ fades62%40 0.20·
NVDA NVDASHORT-1.7% · 5d -3.5%65%33 0.19✓ matches cascade
INTC INTCSHORT-2.3% · 5d -2.2%60%36 0.19✓ matches cascade
Bitcoin BTCSHORT-3.6% · 5d -2.3%62%30 0.19·
MU MUSHORT-1.7% · 5d -0.8%60%35 0.17✓ matches cascade
AMD AMDSHORT-0.2% · 5d -1.9%60%36 0.15✓ matches cascade
MRVL MRVLLONG+2.8% · 5d -0.8% ↺ fades59%33 0.15⚠ differs
SMH SMHLONG+0.2% · 5d -1.0% ↺ fades57%33 0.12⚠ differs
TRY TRYSHORT-0.5% · 5d +1.0% ↺ fades59%33 0.12✓ matches cascade
XCU XCUSHORT-0.8% · 5d -0.7%57%33 0.12✓ matches cascade
QCOM QCOMSHORT-2.3% · 5d -2.9%57%33 0.10✓ matches cascade

Methodology. Probability and impact are anchored to history and scored against what actually happens — wins and losses, in public, at Reality Check. Crowd odds live from Polymarket & Kalshi. By Vikas Singh, Quantitative Strategist. Updated 2026-07-03.