---
title: "The AI trade had 1 sure bet. Now even that’s gone."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296184678.md"
description: "The pair trade that saw investors go long chips and short software lit up the stock market for much of 2026. Now it’s on life support."
datetime: "2026-08-18T06:22:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296184678.md)
  - [en](https://longbridge.com/en/news/296184678.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296184678.md)
generator: "portal-rs"
---

# The AI trade had 1 sure bet. Now even that’s gone.

The pair trade that saw investors go long chips and short software lit up the stock market for much of 2026. Now it’s on life support.

### Related Stocks

- [SEMI.US](https://longbridge.com/en/quote/SEMI.US.md)
- [XSD.US](https://longbridge.com/en/quote/XSD.US.md)
- [IGV.US](https://longbridge.com/en/quote/IGV.US.md)
- [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md)
- [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md)
- [DRAM.US](https://longbridge.com/en/quote/DRAM.US.md)
- [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md)
- [PSI.US](https://longbridge.com/en/quote/PSI.US.md)
- [SMH.US](https://longbridge.com/en/quote/SMH.US.md)
- [XSW.US](https://longbridge.com/en/quote/XSW.US.md)
- [USD.US](https://longbridge.com/en/quote/USD.US.md)
- [SSG.US](https://longbridge.com/en/quote/SSG.US.md)
- [SOXS.US](https://longbridge.com/en/quote/SOXS.US.md)
- [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md)
- [SMH.UK](https://longbridge.com/en/quote/SMH.UK.md)

## Related News & Research

- [CN MIIT To Accelerate Development of Emerging Pillar Industries Such as Aerospace and Intelligent Robotics Over Next 5 Yrs](https://longbridge.com/en/news/296981480.md)
- [Broadcom Stock (AVGO) Remains Wall Street's Pick Despite Google's Marvell Deal – Here's Why](https://longbridge.com/en/news/297093302.md)
- [OpenAI says its Jalapeño chip can power faster AI responses than the competition](https://longbridge.com/en/news/296927317.md)
- [Comparing Broadcom With Industry Competitors In Semiconductors & Semiconductor Equipment Industry](https://longbridge.com/en/news/297162991.md)
- [AMD or Nvidia: Load Up on One AI Chip Stock, but Avoid the Other, Says Investor](https://longbridge.com/en/news/296792383.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**