Listen to the audio version of this article (generated by AI).
SOXX dips into a bear market… Luke Lango on when the AI bull will return… one of Jonathan Rose’s favorite trades today… the blue-chip investment that Brian Hunt flagged as just making a new all-time high
As I write on Monday, the tech/AI trade is pushing higher. But on Friday, it briefly dipped into an official bear market.
I’m referencing the Philadelphia Semiconductor Index, tracked by the iShares Semiconductor ETF (SOXX). It provides diversified exposure to the entire critical supply chain of the AI boom – from chip designers, to custom accelerators, to critical manufacturing equipment. It’s a one-click way to own “AI.”
And here’s how it looked at one point on Friday – down 20%+, official bear-market territory.
