What if the next AI winner isn't another chip stock? Since June 23: Software +7.5% SOX -7.5%
Software Strikes BackLeadership within the AI trade may be starting to rotate. After months of semiconductor dominance, software is beginning to outperform, supported by improving technicals, accelerating buybacks and a favorable relative setup. If that rotation continues, the squeeze could have considerably further to run.The IGV squeeze
Software stocks are making a comeback from their artificial intelligence-driven sell-off earlier this year.
SOX +45%. IGV +43%. One dominated the headlines. The other quietly matched the returns.
The people who know software best are buying it aggressively. The market is still pricing an AI apocalypse.
Short squeeze risk is building rapidly in software, now sitting at the 100th percentile versus the past six years.
May 19 : Shares of several U.S. software stocks gained on Tuesday, as the industry attempts a comeback after being battered for…
Mutual funds still carry their lowest Software exposure in over a decade.
