The summer months tend to bring volatility, thin trading, and a rotation away from momentum stocks. But some AI names have more than momentum behind them.
The more durable AI trade sits elsewhere: businesses so structurally embedded in the AI supply chain that market slowdowns don't dislodge their competitive positions. They operate with moat-like advantages—monopoly-scale manufacturing, near-irreplaceable chip architecture, and analog signal dominance built over decades—and their recent earnings suggest the AI demand cycle hasn't taken a vacation either.
