AI Stocks Left the Market Behind. Is Mean Reversion Next?
YTD performance tells a very different story across markets.
Vanguard AI 45 complex: +100%
Semiconductors: +93%
$SPY: +9%
$MAGS: -1%
The gap between AI related assets and traditional mega cap leaders has widened dramatically this year. Recent earnings from the "Magnificent Seven" have also challenged previous assumptions about where growth and market leadership will come from.
The big question now is whether the market sees a rotation back toward lagging areas or whether AI infrastructure and semiconductor demand can continue driving leadership through the rest of the year.
