House View Daily | Semis stumble. Time to reboot expectations?

Podcast: UBS On-Air: House View · Chief Investment Office

Opublikowano: 2026-10-14

A sharp sell-off in semiconductor stocks has reignited questions about the durability of the AI trade. But with earnings expectations still strong, cloud growth accelerating, and valuations becoming more attractive, we take this as more of a reset of expectations than a break in the AI thesis.