BlockBeats News, May 21st, according to data from Goldman Sachs cited by Bloomberg, hedge funds are taking profits from semiconductor stocks following a sharp AI-driven rally.

The data shows that chip stocks have become the most sold-off sector in the US in the past month, mainly as investors reduce their long positions rather than shorting the industry.

Despite the pullback, funds are still heavily invested in AI-related stocks, with overall exposure remaining close to historical highs. Analysts indicate that the sell-off reflects profit-taking and risk management rather than a loss of confidence in the AI boom.