Analysis-Sizzling semiconductor trade at risk of cooling - and stalling US stocks rally
Key takeaways
- Analysis-Sizzling semiconductor trade at risk of cooling - and stalling US stocks rally Lewis Krauskopf Wed, May 13, 2026 at 5:04 PM GMT+7 5 min read NVDA By Lewis Krauskopf
- NEW YORK, May 13 (Reuters) - A stunning run-up in shares of semiconductor companies has helped drive the U.S.
- The latest wave of artificial-intelligence market enthusiasm is buoying semiconductors broadly, after bellwether Nvidia symbolized the AI trade over most of the bull stock market that began in late 2022.
Analysis-Sizzling semiconductor trade at risk of cooling - and stalling US stocks rally Lewis Krauskopf Wed, May 13, 2026 at 5:04 PM GMT+7 5 min read NVDA By Lewis Krauskopf
NEW YORK, May 13 (Reuters) - A stunning run-up in shares of semiconductor companies has helped drive the U.S. stock rally, but the eye-popping gains are sparking concerns about an overheated market and prompting some investors to prepare for a pullback.
The latest wave of artificial-intelligence market enthusiasm is buoying semiconductors broadly, after bellwether Nvidia symbolized the AI trade over most of the bull stock market that began in late 2022. That fervor spread throughout the industry this year, as massive capital spending on data centers and other AI-related infrastructure boosted chip demand, although the growing presence of semis in equity indexes means any hiccup for the group could have wider fallout.