📊 AI Spend Revives Semis?

Good Morning Investors,

Sector leadership came from technology and chip related areas. Semiconductor stocks moved sharply higher, aided by renewed optimism around artificial intelligence spending and policy steps aimed at easing infrastructure and permitting constraints.

Earnings expectations for smaller companies have also improved, and elevated merger activity continues to provide an additional layer of support through takeover interest and consolidation themes.

Speculative pockets such as cannabis showed bursts of strength tied to regulatory hopes, while some investors expressed caution around the inflation print and the timing of any policy shift. Momentum is positive for now, but leadership remains fluid.

Matthias Schneider
Editor at Analytica Investor