Worried about an AI bubble? Sign up to The Daily Upside to receive smart, actionable market news designed for investors. Being the first link in the supply chain has its benefits. So it’s no surprise that ASML became Europe’s most valuable company on Wednesday, surpassing the record previously held by Novo Nordisk. Sign up to…
The rise of artificial intelligence (AI) has focused investor attention on chip designers like Nvidia Corporation (NVDA). But billionaire hedge fund manager Philippe Laffont is making a huge bet on a different part of the semiconductor ecosystem: the company that supplies the critical machines needed to make the world’s most advanced chips. In the first…
Long-term money still hates software stocks, even at much cheaper valuations. That says a lot. In numbers: Mutual funds have entered the second quarter with their lowest exposure to software stocks since at least 2012, according to new research from Goldman Sachs. Excluding megacaps, mutual funds’ tilt between semiconductor and software stocks is the largest…
Transition investing – investments in sectors crucial to the AI revolution – is the “perfect” hedge for investors worried that the AI boom could turn into a bubble, according to equity strategists at Bank of America. Fears that AI, which BofA called a “fundamental revolution that is about to change everything,” are receding, the strategists…
Amid the ongoing artificial intelligence (AI) revolution, this Dutch lithography equipment manufacturer is becoming a critical behind-the-scenes player in the global semiconductor industry. ASML Holdings (ASML) does not make chips. But it designs and manufactures photolithography machines, which chipmakers use to create advanced semiconductor chips. Valued at $346.8 billion, ASML shares have gained 52% year…
Nvidia’s software will bridge the gap between traditional and quantum computing. Taiwan Semiconductor chips will be used in both applications. ASML machines help chip foundries manufacture cutting-edge chips. 10 stocks we like more than Nvidia › Like investing in artificial intelligence (AI), quantum computing offers investors a wide range of options. There are pure quantum…
