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Steven Wieting 5.0 1 idea

Senior Analyst, Bloomberg Intelligence
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SMH
VanEck Semiconductor ETF
The AI trade, encompassing hardware and software, is not dependent on the cyclical performance of the economy because CapEx plans are already funded. This independence, combined with an expected 88% gain in US semiconductor EPS this year, makes the semiconductor sector a strong outperformer regardless of broader economic weakness.
AI/Semi  · Apr 28 · YOUTUBE
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LONG HIGH
Positions
TickerDirEntryP&LDate
SMH LONG $494.16 Apr 28
▶ YouTube Markets are dealing with a boom and a shock at the same time, says CIO Group's Steven Wieting
Semiconductor EPS driven by AI CapEx independence.
The AI trade, encompassing hardware and software, is not dependent on the cyclical performance of the economy because CapEx plans are already funded. This independence, combined with an expected 88% gain in US semiconductor EPS this year, makes the semiconductor sector a strong outperformer regardless of broader economic weakness.
SMH HIGH CNBC Apr 28, 21:13
Steven Wieting
Senior Analyst, Bloomberg...
Steven Wieting (Senior Analyst, Bloomberg Intelligence) | 1 trade ideas tracked | SMH, WTI | YouTube | Buzzberg