Chip stocks and tech indexes fell sharply, with the Nasdaq Composite dropping 5.52% and the Philadelphia Semiconductor Index down 12.2%, sparking talk of an AI bubble. Michael Burry, known for his bearish calls, had bet against AI-related stocks with puts on the Nasdaq-100 and semiconductor ETFs, profiting from the selloff. The key issue is whether rising capital spending on AI infrastructure will translate into sustainable earnings and cash flow, as some companies like Amazon show heavy cash outflows despite growth. Investors should watch upcoming earnings reports closely to see if spending outpaces profits, signaling a true bubble risk.
While Michael Burry's bearish stance on AI-related stocks gains attention amid the selloff, semiconductor and tech shares on Pluang show resilience. As of Nov 06, 2026 23:21 WIB, the VanEck Semiconductor ETF (SMH) is up 3.17% at USD 461.94, and Amazon (AMZN) has risen 1.00% to USD 262.80. Despite the broader market jitters, Pluang investors hold these positions for over 100 days on average, indicating ongoing interest in the sector.
Following a sharp market selloff on November 5, analyst Jack Bowman remains optimistic about tech stocks, increasing his holdings in the Magnificent Seven ETF (MAGS) and semiconductor companies such as Micron Technology. The Semiconductor ETF (SMH) h...
Nvidia shares fell 5.23% amid sector-wide selling linked to potential AI regulations after the midterm elections, with no company-specific news. Nvidia is the largest holding in major index funds like the S&P 500 ETF, Nasdaq-100 ETF, and a semiconduc...
AMD's stock fell 13.08% after a strong quarterly report, driven by concerns over potential AI regulation from a Democrat-controlled US Congress. This decline impacted chip ETFs like VanEck Semiconductor (SMH) and iShares Semiconductor (SOXX), which h...
Over the past year, the First Trust Nasdaq Semiconductor ETF (FTXL) returned 67.35%, outperforming the popular VanEck Semiconductor ETF (SMH), which returned 44.09%. However, over longer periods like five and ten years, SMH has significantly outperfo...
Hyperscaler capital expenditure is driving strong demand in the semiconductor sector, with market growth expected to reach 27% and hyperscaler spending potentially increasing 29% by 2027. Despite recent fatigue in the market and pullbacks in semicond...
