---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000924221.md"
description: "Hedge Funds and Asset Managers showed increased demand for Semis this week.In fact, US Tech stocks were the *only* net bought sector in September as long buys outpaced short sales by over 2:1.This level of buying was driven by some big catalysts this week, specifically $Micron Tech(MU.US)'s earnings and $NVIDIA(NVDA.US) buybacks.However, prime broker data shows that Semis demand isn't absolutely skyrocketing yet and there's significant headroom for institutional positioning.After speaking with many investors over the past week, I would say that there's some anxiety around putting more chips in on the AI trade.I think this is due to a few factors that are currently in-play:1. Macro shitshow - Iran, oil, rates situation.2. Midterms.3. Constant shifts in the AI story (tech is moving faster than investors' brains).That said, we're coming up to Q4 earnings in Tech/Semis Land...all while forward tech/semis valuations are relatively low right now.So I think the issue now centers around whether we can see a re-rating in Semis as we start to see positive Q4 earnings/guidance despite the current macro and midterm hurdles.If we can get past those hurdles unscathed, then I think my prediction of a tech rally into 2027 looks highly likely as institutions size up for 2027+."
datetime: "2026-10-04T12:15:11.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000924221.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000924221.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000924221.md)
author: "[Paradi Lab](https://longbridge.com/en/profiles/27651407.md)"
generator: "portal-rs"
---

# Hedge Funds and Asset Managers showed increased de…


### Related Stocks

- [MU.US](https://longbridge.com/en/quote/MU.US.md)
- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [MUU.US](https://longbridge.com/en/quote/MUU.US.md)
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- [MULL.US](https://longbridge.com/en/quote/MULL.US.md)
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- [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md)
- [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md)
- [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md)

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