# 5-7-26 Semiconductors: Bubble or Bust?

Page: https://stenobird.com/podcast/the-real-investment-show-podcast-500742/5-7-26-semiconductors-bubble-or-bust
Text version: https://stenobird.com/podcast/the-real-investment-show-podcast-500742/5-7-26-semiconductors-bubble-or-bust.md
Podcast: [The Real Investment Show Podcast](https://stenobird.com/podcast/the-real-investment-show-podcast-500742)
Published: 2026-05-07T14:44:00+00:00
Episode link: https://lancerobertsshow.libsyn.com/5-7-26-semiconductors-bubble-or-bust
Audio file: https://traffic.libsyn.com/secure/lancerobertsshow/5-7-26_Semiconductors_-_Bubble_or_Bust.mp3?dest-id=797352
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JSON: https://stenobird.com/v1/public/podcasts/the-real-investment-show-podcast-500742/episodes/5-7-26-semiconductors-bubble-or-bust
Duration seconds: 2576

## Resource

Semiconductor stocks continue to lead the market higher as the AI boom drives massive capital spending, soaring valuations, and relentless momentum in names like Nvidia, AMD, Broadcom, and TSMC. But are investors witnessing the next great technology revolution, or the early stages of another market bubble? Lance Roberts & Michael Lebowitz examine the semiconductor trade from both sides: Explosive AI demand, data center growth, and earnings momentum versus stretched valuations, narrowing market breadth, and growing concentration risk inside the S&P 500 and NASDAQ. Key topics include: 0:00 - INTRO 0:56 - Earnings Revisions are Ratcheting Up 4:32 - The Importance and Use of Technical Indicators 11:05 - Tools for Separating Narratives & Emotions from Market Reality 13:07 - Likes for Lebo Merch 14:10 - Semiconductors, AI, and Bubbles 16:58 - GPU's, CPU's, & LLM's 18:38 - The AMD Story & Supple-Demand Imbalances 24:10 - Portfolio Management Keeps You Out of Trouble 25:05 - Taking Profits is Important 26:45 - Where Will Money Go Next? 29:22 - Dissention in the Fed - Cuts or No Cuts? 32:15 - AI is Disinflationary in Nature 34:06 - The Curb Appeal of the Economy 36:18 - Guessing the Outcome - The K-Shape Continues 38:29 -The Technology Displacement Cycle Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manager, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/X0moIzRXOHg ------- Articles Mentioned in Today's Show: "A Robot Economy: Who Gets Rich, Who Gets Left Behind" https://realinvestmentadvice.com/resources/blog/a-robot-economy-who-gets-rich-who-gets-left-behind/…

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