It has been amazing to see and hear how SO MANY people on Wall Street have suddenly turned wildly bullish on the hyperscalers this week. No, it’s not like they were bearish before this week, but the more bullish turn towards these names has been extraordinary…..We can understand why this is taking place, but investors had better hope that the chip stocks do not falter. They’re still the most important leadership group in the market (by far).
