Chip stocks will get stronger as the year progresses, says top tech investor Dan Niles

Dan Niles of Niles Investment Management discussed the state of the AI trade, signaling continued interest in AI-related names. He noted a lull in semiconductor stocks and cautioned about near-term weakness in that sector. He also reviewed positioning in Big Tech, implying a more selective approach rather than broad market bets.

Analysis

Dan Niles of Niles Investment Management discussed the state of the AI trade, signaling continued interest in AI-related names. He noted a lull in semiconductor stocks and cautioned about near-term weakness in that sector. He also reviewed positioning in Big Tech, implying a more selective approach rather than broad market bets.