JPMORGAN: BUY THE CHIP STOCK DIP JPMorgan says the recent pullback in semiconductor stocks is a buying opportunity, arguing the AI-driven chip cycle remains strong and meaningful new supply is unlikely before 2028. The bank favors semiconductors over hyperscalers, expects global stocks to reach new highs in the second half of 2026, and sees market gains broadening beyond AI. *Walter Bloomberg (@DeItaone) / Twitter · 07-06 20:09
JPM: AI CHIP RALLY MAY BE HARD TO SUSTAIN JPMorgan says AI chip stocks may struggle to keep outperforming hyperscalers over the long term. The bank expects either stronger AI monetization will help cloud providers catch up, or heavy AI spending could eventually curb hyperscaler capex and weaken chip demand. While JPM favors the positive scenario, slowing capex forecasts remain a key risk for semiconductor stocks. *Walter Bloomberg (@DeItaone) / Twitter · 07-02 20:08
AI chip winners may face tougher road ahead as hyperscalers catch up: JPM Stock Market News · 07-02 20:02
GOLDMAN: INVESTORS TRIM BIG TECH EXPOSURE Goldman Sachs says investors are reducing exposure to the Magnificent Seven as they favor AI beneficiaries, such as semiconductor companies, over hyperscalers funding heavy AI spending. The bank believes markets are rewarding companies generating returns from AI investments while questioning those bearing the costs. Until hyperscalers show stronger earnings growth, caution toward mega-cap tech is likely to persist. *Walter Bloomberg (@DeItaone) / Twitter · 07-02 19:47