The David Lin Report · Friday, July 31, 2026
Florian Gomez notes a significant pullback in the semiconductor sector, which experienced a "massive rally" over the past year, potentially linked to an "AI boom or bubble." He believes a continued correction in this sector could lead to struggles in the overall market.
“And and specifically the semiconductor index or the semiconductor sector, if you want. It had a massive rally up over the last 12 months, starting last year in April up into early summer this year.”
“And it's now been pulling back significantly. Um, which is of course strongly connected with the whole AI boom, AI bubble, whatever it is.”
“Um, and if this continues to correct further, I think markets will continue to struggle here.”