Dr. JoAnne Feeney, Partner and Portfolio Manager at Advisors Capital Management, joined CNBC to discuss the evolving technology trade, the importance of selectivity within AI-related chip stocks, and how investors may think about balancing growth opportunities with stability, income, and risk management in today’s market environment.
Interview Date: June 26, 2026
Key Takeaways:
AI chip stocks require selectivity:
Dr. Feeney explained that not all semiconductor companies benefit from the AI boom in the same way, making fundamentals and competitive structure critical considerations.
Memory chips may remain highly cyclical:
While AI demand has supported strong pricing, Feeney noted that memory chips are still commodities, and future capacity additions could pressure prices.
Balanced portfolios can help manage volatility:
Feeney emphasized combining growth-oriented companies with areas that may provide stability, income, and resilience through market fluctuations.
Advisors Capital Management, LLC is an investment advisor registered with the United States Securities and Exchange Commission. Registration does not imply any degree of skill or training. All investing carries risk, including the potential for the loss of principal and past performance is no guarantee of future results. This content is for informational purposes only, can change at any time without notice, and is not investment advice or a recommendation to trade any security. Indices are not available for direct investment. We only provide services in jurisdictions where we are registered. Our disclosure brochure (ADV Part 2A) and customer relationship summary (ADV Part 3) are available at https://adviserinfo.sec.gov and upon request.
