Market Strategist Says AI Selloff Is ‘Just Profit-Taking,' Not a Broken Story

Janet Mui of RBC Brewin Dolphin said the recent pullback in AI and semiconductor stocks does not mean the sector is broken. Her comments are a sentiment check rather than a fundamental update, suggesting the selloff may reflect positioning or volatility instead of deteriorating underlying demand. The piece is unlikely to move markets materially, but it may help temper near-term bearish sentiment in the group.

Analysis

Janet Mui of RBC Brewin Dolphin said the recent pullback in AI and semiconductor stocks does not mean the sector is broken. Her comments are a sentiment check rather than a fundamental update, suggesting the selloff may reflect positioning or volatility instead of deteriorating underlying demand. The piece is unlikely to move markets materially, but it may help temper near-term bearish sentiment in the group.