Jennifer Creery 5.0 1 idea

ASML, the Dutch chip provider down almost 5% on the open. Perhaps one of the victims of broader risk off sentiment... but also over concerns over longevity of demand for AI. In a stagflationary environment with rising yields (markets now pricing in ECB hikes), high-duration, high-multiple tech stocks face severe valuation compression. Investors will aggressively de-risk from crowded AI trades to raise cash. AVOID. The combination of rising interest rates, supply chain disruptions, and geopolitical de-risking makes expensive semiconductor stocks dangerous in the near term. AI infrastructure spending proves completely inelastic to macro shocks, or central banks pivot back to cuts sooner than expected.