# Tom Lee Says Crypto, Chip Stocks and Neocloud Companies Pulled Back to Support

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/34010
Published: 2026-10-17T12:55:13.000Z
Updated: 2026-10-17T12:55:13.000Z
Section: Investing

> Lee's opportunity view depended on fundamentals remaining stable while markets were fearful.

On Friday, BitMine Chairman Tom Lee said cryptocurrencies, chip stocks and neocloud companies had retreated to support levels. He described the risk-reward setup as favorable if fundamentals remain stable while markets are fearful.