{"id":35006,"date":"2026-06-15T11:05:00","date_gmt":"2026-06-15T09:05:00","guid":{"rendered":"https:\/\/www.bancasempione.ch\/nel-breve-ma-nel-lungo\/"},"modified":"2026-11-02T11:24:01","modified_gmt":"2026-11-02T10:24:01","slug":"nel-breve-ma-nel-lungo","status":"publish","type":"post","link":"https:\/\/www.bancasempione.ch\/de\/nel-breve-ma-nel-lungo\/","title":{"rendered":"In the Short Term, But What About the Long Term?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Semiconductors and AI: Structural Growth or Short-Term Euphoria?<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Artificial intelligence is fueling unprecedented demand for semiconductors, driving the memory chip industry to new records in growth and profitability. But is this growth sustainable?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Amid shortages of advanced memory chips, record investments by hyperscalers, and increasingly high valuations, the sector presents attractive opportunities, but also risks that should not be underestimated over the long term.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the latest issue of <a href=\"https:\/\/www.linkedin.com\/company\/ticinomanagement\/\">Ticino Management<\/a>, our Portfolio Manager <a href=\"https:\/\/www.linkedin.com\/in\/matteo--baiocchi\/\">Matteo Baiocchi, CFA<\/a> examines the dynamics reshaping one of the most strategic sectors of the global economy and the potential challenges that could emerge in the years ahead.<br><br><\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-d9a36c2f wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.bancasempione.ch\/de\/pubblicazione\/nel-breve-ma-nel-lungo-ticino-management\/\">read the full article<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Semiconductors and AI: Structural Growth or Short-Term Euphoria? Artificial intelligence is fueling unprecedented demand for semiconductors, driving the memory chip industry to new records in growth and profitability. But is this growth sustainable? Amid shortages of advanced memory chips, record investments by hyperscalers, and increasingly high valuations, the sector presents attractive opportunities, but also risks [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[134],"tags":[],"class_list":["post-35006","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>In the Short Term, But What About the Long Term? - Banca del Sempione<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bancasempione.ch\/de\/nel-breve-ma-nel-lungo\/\" \/>\n<meta property=\"og:locale\" content=\"de_DE\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"In the Short Term, But What About the Long Term? - Banca del Sempione\" \/>\n<meta property=\"og:description\" content=\"Semiconductors and AI: Structural Growth or Short-Term Euphoria? Artificial intelligence is fueling unprecedented demand for semiconductors, driving the memory chip industry to new records in growth and profitability. But is this growth sustainable? Amid shortages of advanced memory chips, record investments by hyperscalers, and increasingly high valuations, the sector presents attractive opportunities, but also risks [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bancasempione.ch\/de\/nel-breve-ma-nel-lungo\/\" \/>\n<meta property=\"og:site_name\" content=\"Banca del Sempione\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=100075458006919\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-15T09:05:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-11-02T10:24:01+00:00\" \/>\n<meta name=\"author\" content=\"Banca del Sempione\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Verfasst von\" \/>\n\t<meta name=\"twitter:data1\" content=\"Banca del Sempione\" \/>\n\t<meta name=\"twitter:label2\" content=\"Gesch\u00e4tzte Lesezeit\" \/>\n\t<meta name=\"twitter:data2\" content=\"1\u00a0Minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/nel-breve-ma-nel-lungo\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/nel-breve-ma-nel-lungo\\\/\"},\"author\":{\"name\":\"Banca del Sempione\",\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/#\\\/schema\\\/person\\\/1f7e62df15459d8a52a2abfdc72bacff\"},\"headline\":\"In the Short Term, But What About the Long Term?\",\"datePublished\":\"2026-06-15T09:05:00+00:00\",\"dateModified\":\"2026-11-02T10:24:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/nel-breve-ma-nel-lungo\\\/\"},\"wordCount\":116,\"publisher\":{\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"de\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/nel-breve-ma-nel-lungo\\\/\",\"url\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/nel-breve-ma-nel-lungo\\\/\",\"name\":\"In the Short Term, But What About the Long Term? - Banca del Sempione\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/#website\"},\"datePublished\":\"2026-06-15T09:05:00+00:00\",\"dateModified\":\"2026-11-02T10:24:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/nel-breve-ma-nel-lungo\\\/#breadcrumb\"},\"inLanguage\":\"de\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/nel-breve-ma-nel-lungo\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/nel-breve-ma-nel-lungo\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"In the Short Term, But What About the Long Term?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/#website\",\"url\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/\",\"name\":\"Banca del Sempione\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"de\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/#organization\",\"name\":\"Banca del Sempione\",\"url\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"de\",\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.bancasempione.ch\\\/wp-content\\\/uploads\\\/bancadelsempione_eng.svg\",\"contentUrl\":\"https:\\\/\\\/www.bancasempione.ch\\\/wp-content\\\/uploads\\\/bancadelsempione_eng.svg\",\"caption\":\"Banca del Sempione\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/profile.php?id=100075458006919\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/bancasempione\\\/\",\"https:\\\/\\\/www.instagram.com\\\/bancasempione\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/#\\\/schema\\\/person\\\/1f7e62df15459d8a52a2abfdc72bacff\",\"name\":\"Banca del Sempione\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"de\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49f1fd4ff13dbeab27c0dba73a51ff47c2a868ea4001b5a5e7c616a9c5b87d3?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49f1fd4ff13dbeab27c0dba73a51ff47c2a868ea4001b5a5e7c616a9c5b87d3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49f1fd4ff13dbeab27c0dba73a51ff47c2a868ea4001b5a5e7c616a9c5b87d3?s=96&d=mm&r=g\",\"caption\":\"Banca del Sempione\"},\"url\":\"https:\\\/\\\/www.bancasempione.ch\\\/de\\\/author\\\/banca-del-sempione\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"In the Short Term, But What About the Long Term? - Banca del Sempione","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bancasempione.ch\/de\/nel-breve-ma-nel-lungo\/","og_locale":"de_DE","og_type":"article","og_title":"In the Short Term, But What About the Long Term? - Banca del Sempione","og_description":"Semiconductors and AI: Structural Growth or Short-Term Euphoria? Artificial intelligence is fueling unprecedented demand for semiconductors, driving the memory chip industry to new records in growth and profitability. But is this growth sustainable? Amid shortages of advanced memory chips, record investments by hyperscalers, and increasingly high valuations, the sector presents attractive opportunities, but also risks [&hellip;]","og_url":"https:\/\/www.bancasempione.ch\/de\/nel-breve-ma-nel-lungo\/","og_site_name":"Banca del Sempione","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=100075458006919","article_published_time":"2026-06-15T09:05:00+00:00","article_modified_time":"2026-11-02T10:24:01+00:00","author":"Banca del Sempione","twitter_card":"summary_large_image","twitter_misc":{"Verfasst von":"Banca del Sempione","Gesch\u00e4tzte Lesezeit":"1\u00a0Minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bancasempione.ch\/de\/nel-breve-ma-nel-lungo\/#article","isPartOf":{"@id":"https:\/\/www.bancasempione.ch\/de\/nel-breve-ma-nel-lungo\/"},"author":{"name":"Banca del Sempione","@id":"https:\/\/www.bancasempione.ch\/de\/#\/schema\/person\/1f7e62df15459d8a52a2abfdc72bacff"},"headline":"In the Short Term, But What About the Long Term?","datePublished":"2026-06-15T09:05:00+00:00","dateModified":"2026-11-02T10:24:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bancasempione.ch\/de\/nel-breve-ma-nel-lungo\/"},"wordCount":116,"publisher":{"@id":"https:\/\/www.bancasempione.ch\/de\/#organization"},"articleSection":["News"],"inLanguage":"de"},{"@type":"WebPage","@id":"https:\/\/www.bancasempione.ch\/de\/nel-breve-ma-nel-lungo\/","url":"https:\/\/www.bancasempione.ch\/de\/nel-breve-ma-nel-lungo\/","name":"In the Short Term, But What About the Long Term? - Banca del Sempione","isPartOf":{"@id":"https:\/\/www.bancasempione.ch\/de\/#website"},"datePublished":"2026-06-15T09:05:00+00:00","dateModified":"2026-11-02T10:24:01+00:00","breadcrumb":{"@id":"https:\/\/www.bancasempione.ch\/de\/nel-breve-ma-nel-lungo\/#breadcrumb"},"inLanguage":"de","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bancasempione.ch\/de\/nel-breve-ma-nel-lungo\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.bancasempione.ch\/de\/nel-breve-ma-nel-lungo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.bancasempione.ch\/de\/"},{"@type":"ListItem","position":2,"name":"In the Short Term, But What About the Long Term?"}]},{"@type":"WebSite","@id":"https:\/\/www.bancasempione.ch\/de\/#website","url":"https:\/\/www.bancasempione.ch\/de\/","name":"Banca del Sempione","description":"","publisher":{"@id":"https:\/\/www.bancasempione.ch\/de\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bancasempione.ch\/de\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"de"},{"@type":"Organization","@id":"https:\/\/www.bancasempione.ch\/de\/#organization","name":"Banca del Sempione","url":"https:\/\/www.bancasempione.ch\/de\/","logo":{"@type":"ImageObject","inLanguage":"de","@id":"https:\/\/www.bancasempione.ch\/de\/#\/schema\/logo\/image\/","url":"https:\/\/www.bancasempione.ch\/wp-content\/uploads\/bancadelsempione_eng.svg","contentUrl":"https:\/\/www.bancasempione.ch\/wp-content\/uploads\/bancadelsempione_eng.svg","caption":"Banca del Sempione"},"image":{"@id":"https:\/\/www.bancasempione.ch\/de\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=100075458006919","https:\/\/www.linkedin.com\/company\/bancasempione\/","https:\/\/www.instagram.com\/bancasempione\/"]},{"@type":"Person","@id":"https:\/\/www.bancasempione.ch\/de\/#\/schema\/person\/1f7e62df15459d8a52a2abfdc72bacff","name":"Banca del Sempione","image":{"@type":"ImageObject","inLanguage":"de","@id":"https:\/\/secure.gravatar.com\/avatar\/b49f1fd4ff13dbeab27c0dba73a51ff47c2a868ea4001b5a5e7c616a9c5b87d3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/b49f1fd4ff13dbeab27c0dba73a51ff47c2a868ea4001b5a5e7c616a9c5b87d3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b49f1fd4ff13dbeab27c0dba73a51ff47c2a868ea4001b5a5e7c616a9c5b87d3?s=96&d=mm&r=g","caption":"Banca del Sempione"},"url":"https:\/\/www.bancasempione.ch\/de\/author\/banca-del-sempione\/"}]}},"_links":{"self":[{"href":"https:\/\/www.bancasempione.ch\/de\/wp-json\/wp\/v2\/posts\/35006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bancasempione.ch\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bancasempione.ch\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bancasempione.ch\/de\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bancasempione.ch\/de\/wp-json\/wp\/v2\/comments?post=35006"}],"version-history":[{"count":1,"href":"https:\/\/www.bancasempione.ch\/de\/wp-json\/wp\/v2\/posts\/35006\/revisions"}],"predecessor-version":[{"id":35010,"href":"https:\/\/www.bancasempione.ch\/de\/wp-json\/wp\/v2\/posts\/35006\/revisions\/35010"}],"wp:attachment":[{"href":"https:\/\/www.bancasempione.ch\/de\/wp-json\/wp\/v2\/media?parent=35006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bancasempione.ch\/de\/wp-json\/wp\/v2\/categories?post=35006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bancasempione.ch\/de\/wp-json\/wp\/v2\/tags?post=35006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}