Has the Semiconductor Rally Gone Too Far? AI Spending Risk

Have semiconductor stocks risen too far, too quickly? Andrew McHattie explains why the sharp rise in chip shares may have made a pullback increasingly likely. Despite the recent setback, he says the semiconductor sector was still around 45% higher year to date at the time of recording. He also examines the longer-term risk: hyperscalers are committing enormous amounts of capital to AI infrastructure, but investors are beginning to question whether that expenditure will produce sufficient returns. If the expected payback fails to materialise, spending and demand across the semiconductor supply chain could slow. Is the recent sell-off a healthy correction – or a sign that expectations around AI have become too optimistic? Watch the full episode here: https://www.youtube.com/watch?v=viZz08xulLg Figures relate to the date of recording and will change over time. For information and education only. This is not investment advice. Past performance is not a reliable indicator of future results. Capital at risk. #QuotedData Semiconductors #AIInvesting #TechnologyStocks