WS #16542
Microsoft's near-perfect quarter and Synopsys' raised long-term targets confirm robust, structural demand for AI infrastructure and software. However, Google is experiencing a severe technical selloff, trading at historic deviations from its moving averages, which contrasts sharply with the broader AI narrative. This divergence suggests investors are rotating from overvalued ad-tech giants into pure-play infrastructure beneficiaries like SanDisk, which secured major data center contracts.
Tech Earnings & AI Demand
Microsoft's near-perfect quarter and Synopsys' raised long-term targets confirm robust, structural demand for AI infrastructure and software. However, Google is experiencing a severe technical selloff, trading at historic deviations from its moving averages, which contrasts sharply with the broader AI narrative. This divergence suggests investors are rotating from overvalued ad-tech giants into pure-play infrastructure beneficiaries like SanDisk, which secured major data center contracts.