Is there an artificial intelligence (AI) stock bubble that’s only starting to burst, or is the latest sell-off nothing more than a healthy, much-needed correction? That’s the big question on investors’ minds as they contemplate buying the dip in previously heated growth plays that are starting to show signs of bottoming out.
Of course, only time will tell if the weakness in the names that began back in July is the start of something far worse. Given the real productivity gains to be had from AI, though, I’m inclined to believe the latest dip in semiconductor and AI names is just a correction, albeit a wildly painful one.
Let’s examine three semiconductor stocks that are worth watching as they turn a corner after one of the nastiest month-long spills of the year.
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