🚨World investors are ALL-IN on semiconductor stocks:

80% of global investors said in early June that "long global semiconductors" is the MOST CROWDED trade.

This is the 2nd-largest reading since the data began in 2014, only below "long US tech" in 2020.

By comparison, the next response in June was "long Magnificent 7" at 12%.

The survey was conducted between June 5 and June 11 among 198 fund managers overseeing a combined $540 billion in assets.

Has the semiconductor trade become too crowded?