On Semis, Leading Stocks & AI Designed Proteins

The S&P 500 Semiconductors industry is rapidly growing earnings, buoyed by lofty demand for chips that enable artificial intelligence. But its valuations are lofty as well. Today, Jackie compares and contrasts the earnings prospects and valuations of two industry leaders, AMD and Nvidia. … Also: Semi stocks don’t top the list of the S&P 500’s best ytd performers, but several makers of the tech equipment AI runs on do. Like the semis, they sport historically high valuations reflecting their heady earnings prospects. ... And: How AI is being used to create proteins that will digest hard-to-degrade chemicals, like polyurethane.