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Wall Street's AI Trade Is Starting To Shift As Chip Stocks Lose Momentum. Software Shares Are Regaining Ground

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International Business Times Fews App News Provider
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Software stocks have gained momentum after spending much of 2026 under pressure from concerns that artificial intelligence would weaken the industry's long-term growth prospects. Software stocks have gained momentum after spending much of 2026 under pressure from concerns that artificial intelligence would weaken the industry's long-term growth prospects. At the same time, semiconductor shares, which fueled much of the market's advance this year on expectations of massive AI-related spending, have pulled back as investors reassess whether planned investments in AI infrastructure will fully materialize, Bloomberg reported.

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