An investor believes the AI sector is in a bubble but continues to invest due to ongoing growth driven by hyperscaler capital expenditures (CapEx), particularly benefiting semiconductor companies. Despite risks like datacenter delays, China export controls, and a potential end to the memory supercycle, the investor is optimistic about returns while acknowledging the market's crowded trades. The view is that as long as hyperscaler spending continues, the market momentum will persist, making semiconductors a key area of focus for investment.
REX Shares has filed for the REX AI Chipmaking ETF, targeting the booming $1.3 trillion AI infrastructure sector. The fund tracks the VettaFi AI Chipmaking Index, focusing on companies involved in wafer fabrication equipment, advanced packaging, and ...
The FTSE 100 index fell slightly, dragged down by mining stocks reacting to China's slower GDP growth of 4.3% in Q2, its weakest in three years. Despite this, oil prices remained steady amid US-Iran tensions. PayPal shares jumped over 14% following r...
