Semiconductor stocks (SMH, NVDA, AMD, TSM) are up significantly and acting as clear market leadership. The market's willingness to bid up these names shows a continued appetite for growth and AI infrastructure exposure despite macro fears. Go long on semiconductors as they continue to attract capital and lead the broader market rally. Macro risks (tariffs, geopolitics) could eventually catch up and trigger a high-multiple tech selloff.
Semiconductor stocks (SMH, NVDA, AMD, TSM) are up significantly and acting as clear market leadership. The market's willingness to bid up these names shows a continued appetite for growth and AI infrastructure exposure despite macro fears. Go long on semiconductors as they continue to attract capital and lead the broader market rally. Macro risks (tariffs, geopolitics) could eventually catch up and trigger a high-multiple tech selloff.