About this episode

The episode discusses the volatility in the AI trade and semiconductor stocks amidst rising gas prices and upcoming earnings reports.

The AI trade is under pressure again as semiconductor stocks swing sharply, gas prices climb, and investors prepare for a crucial stretch of earnings reports. Chuck Zodda and Mike Armstrong break down why recent moves in Micron, SanDisk, Taiwan Semiconductor, and Korean chip stocks show how volatile the AI trade has become. They also discuss why Taiwan Semiconductor’s strong earnings were not enough to lift the stock, how rising oil prices and record crack spreads are pushing gas and diesel costs higher, why renewed tensions around the Strait of Hormuz could pressure global energy supplies, how GLP-1 weight loss drugs may be affecting grocery sales, and why a new cholesterol-lowering pill could be part of a major shift in health care.

People in this episode

Hosts: Chuck Zodda, Mike Armstrong

Topics covered

• AI trade
• semiconductor stocks
• gas prices
• earnings reports
• global energy supplies
• health care

Keywords

• AI trade
• semiconductor
• gas prices
• Taiwan Semiconductor
• GLP-1 drugs
• cholesterol-lowering pill

Mentioned in this episode

Organizations: Micron, SanDisk, Taiwan Semiconductor, Korean chip stocks, GLP-1, cholesterol-lowering pill

Places: Strait of Hormuz

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