Prof G Markets · Wednesday, July 1, 2026
Stacy Rasgon of Bernstein explains that AI demand is driving the semiconductor sector, with investors focusing on 'bottlenecks' as supply constraints lead to price increases. This has led to varied performance within the sector, with some 'bottlenecked' names outperforming traditional AI accelerators.
“And AI is just gotten so big, it's dragging everything along in the space.”
“So that the traditional, sort of, like, like, um, uh, blind AI winners that you would think the Nvidia's and the Broadcoms of the world that are doing, you know, the actual AI accelerators. They've actually had the worst performance.”
“And there is this is people have been playing the so-called bottlenecks.”