JPMorgan Says Investors Rethink AI Trades as Chip Stocks Slide
Updated
Updated · Bloomberg · Jul 9
JPMorgan Says Investors Rethink AI Trades as Chip Stocks Slide
3 articles · Updated · Bloomberg · Jul 9
Summary
David Lebovitz of JPMorgan Asset Management said investors are no longer buying every AI-linked stock indiscriminately as the chip-sector pullback forces a more selective approach.
JPMorgan said the shift reflects sharper differentiation between parts of the AI trade where supply may be excessive and areas where demand remains robust.
That reassessment matters for Wall Street because AI has become an “everywhere” trade, making stock selection increasingly important as enthusiasm broadens beyond a single theme.