The semiconductor rebound may signal a broader tech recovery - here's why.

TheCUBE Breaking Analysis + upcoming livestreams [The semiconductor rebound may signal a broader tech recovery - here's why.]( A rebound in semiconductor stocks has many investors asking if this is a harbinger of good news for the broader enterprise tech sector. Indeed, the SOXX semiconductor index is up nearly 30% year to date, as are leading indicators in that group, including Applied Materials and Lam Research. "But Nvidia is up over 90% year to date, and AMD up over 50%. Even the beleaguered Intel is up 22% year to date as of mid-day on the last trading day in March. But key enterprise software names have not yet rebounded," noted Wikibon chief analyst Dave Vellante in this week's episode of [Breaking Analysis](. And according to one investor, the divergence between semis and B2B software is getting hard to ignore.  In the full episode for theCUBE, Vellante looks to answer the question: Is the performance of semiconductors an early indicator of a broader enterprise tech recovery, or is this a false signal that warrants continued caution? To examine these issues, theCUBE welcomes back Ivana Delevska, founder and chief investment officer of Spear Invest. “Going into the second quarter of 2022, we saw a pretty significant downside: 40%, 50% in terms of revenue declines in some segments for the semiconductors. And as we’re coming out of it, we’re seeing the opposite dynamic happen. So you are seeing the market stabilize, but the channel inventories are pretty low. As those [inventories] need to be rebuilt, you’re going to see an uptick in demand,” Delevska explained. Get the full report, based on survey data from Spear Invest and research from Wikibon, [here](. And follow theCUBE and SiliconANGLE for weekly market analysis in high tech and enterprise computing. [Get the full report]( [Is the OpenAI wave stronger than Elon Musk's bluff?]( In the latest episode of theCUBE podcast, co-hosts John Furrier and Dave Vellante discuss Elon Musk and his OpenAI "bluff," Trump’s indictment and the increasing political polarization it has caused, and what may be the coldest “Crypto Winter” ever.  With so many recent technological, political and economic system failures making headlines, the throughline is that America and the tech sector need a total reboot. Citing Vellante’s weekly Breaking Analysis podcast, the duo ends with a positive note, discussing the possible market rebound semiconductor stocks might signal. “Musk” and “trust” are essentially antonyms in the tech, business and consumer worlds. Furrier derides Musk’s warning that OpenAI is evolving too rapidly as fear mongering. Both Furrier and Vellante agree that, in an effort to slow down his competition, Musk is capitalizing on the popular misconception that AI will take jobs from humans and, true to sensational sci-fi form, dominate human-kind.  Learn why Musk’s attempt to halt AI development for six months may backfire, and connect the dots between Trumpism, the crypto winter and a possible tech market rebound on theCUBE Pod [here](. [Full episode here]( Addressing the distributed nature of data Enterprises are on a mission to become data-driven, however, many organizations continue to struggle with data infrastructure. We hear from Hitachi Vantara on seeking the right balance to achieve objectives for security, sustainability and agility. [Read more]( siliconangle.com [Top News: Editors' Picks]( Google Cloud brings new blood into its go-to-market... Google Cloud said today it's making some big changes within its go-to-market organization, just weeks after it elevated Adaire Fox-Martin into a newly created role that made her the top sales executive for the cloud infrastructure business. [Read more]( siliconangle.com HPE GreenLake gets hybrid block/file storage and more Hewlett Packard Enterprise Co. today introduced a hybrid file and block storage offering that it will make available on-premises with as-a-service pricing, and also announced new disaster and backup recovery data services with uptime guarantees.... [Read more]( siliconangle.com [Live analysis for CIOs]( Join theCUBE for a busy lineup of live event coverage from top tech conferences in April, with firsthand insights on data transformation, emerging AI trends in open source and the collaborative necessities of modern cybersecurity. A whole new world for data success It’s a whole new QlikWorld for data success. 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Stay up to speed with theCUBE to learn the latest cybersecurity trends for DevSecOps, how leading-edge technologies are facilitating innovation through collaboration, and how to navigate the unexpected. [Follow all theCUBE's broadcasts!]( SiliconANGLE Media Inc. | [SiliconANGLE.com]( [View as Webpage]( [[Twitter] ]( [[YouTube] ]( [[LinkedIn] ]( SiliconANGLE Media Inc | 5 Mount Royal, Suite 280, Marlborough, MA 01752 [Unsubscribe {EMAIL}]( [Update Profile]( | [Constant Contact Data Notice]( Sent by communication@siliconangle.com powered by [Trusted Email from Constant Contact - Try it FREE today.]( [Try email marketing for free today!](