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HEDGE FUNDS CASH OUT AFTER CHIP STOCK SURGE Hedge funds are taking profits on semiconductor stocks after a massive AI-driven rally, accordi…

HEDGE FUNDS CASH OUT AFTER CHIP STOCK SURGE Hedge funds are taking profits on semiconductor stocks after a massive AI-driven rally, according to Goldman Sachs data cited by Bloomberg. Chip stocks were the most heavily sold US sector over the past month, mainly through investors reducing long positions rather than betting against the industry. Despite the pullback, funds remain heavily invested in AI-related stocks, with overall exposure still near record highs. Analysts say the selling reflects profit-taking and risk management, not a loss of confidence in the AI boom.
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