WS #15117
The semiconductor sector is entering a high-stakes earnings period with Micron, ASML, and TSMC set to report, testing market expectations for AI-driven growth. However, the bullish narrative is being challenged by reports that DeepSeek is actively reducing its dependency on Nvidia chips, suggesting a potential shift in AI supply chain dynamics. Concurrently, US lawmakers are scrutinizing Big Tech's use of secret NDAs for AI data centers, adding a regulatory overhang to the sector's valuation.
Semiconductor Earnings & AI Demand
The semiconductor sector is entering a high-stakes earnings period with Micron, ASML, and TSMC set to report, testing market expectations for AI-driven growth. However, the bullish narrative is being challenged by reports that DeepSeek is actively reducing its dependency on Nvidia chips, suggesting a potential shift in AI supply chain dynamics. Concurrently, US lawmakers are scrutinizing Big Tech's use of secret NDAs for AI data centers, adding a regulatory overhang to the sector's valuation.