Artificial intelligence mainstays such as Nvidia have taken center stage since the launch of ChatGPT in late 2022. But with the dominant maker of artificial intelligence chips up more than 180% this year alone, and outperforming the rest of the market for a second straight year, Deutsche Bank believes it is time to pivot toward other companies in the industry.
They also see a favorable setup for the sector given the recent underperformance of the 30-stock PHLX Semiconductor Sector Index over the past five months. The index as a whole is up 17% this year, far below the 26.5% advance in the S & P 500, "with the majority of that deficit emerging in 2H24 when the SOX underperformed for five consecutive months , a historically rare duration for an inherently volatile sector," Seymore wrote. .
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
स्रोत: Investingcom - 🏆 450. / 53 और पढो »