Semiconductor rally recoupled to tech rotation, but (https://www.cnbc.com/2026/06/05/chip-stock-breakout-vs-the-rest-of-tech-showing-signs-of-topping-out-says-carter-worth.html). Here's the read: retail piled into memory and foundry names in May, but margin compression across custom AI chips is the structural reality nobody's pricing yet.

Research these companies