Light Street Capital managing partner Glen Kacher has advised investors to hold onto their semiconductor stocks, suggesting that it’s still early to exit the market. What Happened: Kacher pointed out that it might be too early to exit the semiconductor market. He suggested that it’s crucial for investors to determine whether the current investment cycle for building an AI infrastructure is akin to 1999 or 1995. This statement was made during an appearance on CNBC’s “Closing Bell” on Thursday. Kacher believes that we are at the beginning of this investment cycle, making valuations reasonable fo…
