South Korean stocks have soared in the past few months, with the KOSPI Index doubling this year, helped by the strong performance of Samsung and SK Hynix. It peaked at 9,388 this month and then
The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of $7,620 to the current $7,354. This retreat continued amid the rising jitters that the AI boom
The lazy take on Advanced Micro Devices (AMD) is that it is simply the cheaper Nvidia — a discounted way to own the same artificial-intelligence (AI) boom. That framing misses what the share price is
The reflex take on Broadcom (AVGO) is that it is just another way to ride Nvidia's AI boom. It is closer to the opposite. Broadcom's growth engine is custom AI silicon — the application-specific chips
The artificial intelligence boom has long been pitched as a transformative force that would boost productivity and eventually lower costs across the economy. But this week, investors were confronted with a less discussed consequence of
A growing chorus of China’s most influential hedge fund managers is sounding the alarm on what they describe as a dangerously overheated global AI trade.After an explosive run-up in semiconductor and model‑development stocks from Seoul
Forget the reflex that says memory chips are dumb commodities doomed to boom and bust. The single most important number in Micron Technology's (NASDAQ: MU) fiscal third quarter is not the record $41.5 billion in
The lazy take on Taiwan Semiconductor Manufacturing Company (TSMC) is that it is just another expensive artificial-intelligence (AI) trade. It is not. TSMC is the one AI monopoly that trades at a discount to the
South Korean stocks ended their worst week in more than three months on Friday, capping a turbulent stretch that has also prompted comparisons between the country's benchmark equity index and the meme-stock frenzy that gripped
Wall Street’s AI trade is heading into Friday with less confidence than it had 24 hours ago.Nasdaq futures led the decline as chip stocks gave back part of their Micron-driven rally, while investors again questioned
