Retail traders favour AI chips over software amid tech selloff

Retail investors prefer buying semiconductor and AI stocks over software during the tech selloff, a Stocktwits poll shows. While 42% favour chips, only 29% chose software, which has suffered from AI disruption fears. Chip stocks have remained resilient, with the SOXX ETF up 12% year-to-date, driven by strong earnings from Nvidia and other major tech giants.