Hedge funds are back in the game — third straight week of net buying US tech stocks.
The buying? Heavy in semiconductors and software. Despite all the noise about AI pacing concerns and Fed rate decisions, institutions aren't flinching. They're signaling: no AI infrastructure bubble here.
This feels like sentiment turning after July's bruising. When the smart money quietly rebuilds positions while everyone else debates doom scenarios, that's usually when the shift happens.
Tech's getting a second look.
The buying? Heavy in semiconductors and software. Despite all the noise about AI pacing concerns and Fed rate decisions, institutions aren't flinching. They're signaling: no AI infrastructure bubble here.
This feels like sentiment turning after July's bruising. When the smart money quietly rebuilds positions while everyone else debates doom scenarios, that's usually when the shift happens.
Tech's getting a second look.