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Software Stocks Surge as AI Rotation Hits Semiconductor Leaders

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The Story

News Summary

  • Market leadership is rotating from crowded semiconductor stocks to undervalued software companies as investors focus on AI monetization over hardware infrastructure.
  • Software ETFs like IGV sharply outperformed chip ETFs amid mean reversion and strong SaaS fundamentals, though semiconductors maintain strong year-to-date gains.
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MSFT price history

495.63 +5.23% over the displayed period

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