New Photo - AP finishes US restructuring with round of 20 layoffs, part of strategic pivot from print journalism

AP finishes US restructuring with round of 20 layoffs, part of strategic pivot from print journalism JOCELYN NOVECK Fri, May 15, 2026 at 9:43 PM UTC 0 FILE The logo is displayed at the news organization's world headquarters in New York on April 9, 2025. (AP Photo/Aaron Jackson, File) (AP Photo/Aaron Jackson) The laid off 20 U.S.based journalists on Friday, the union representing them said, part of a restructuring announced last month that is turning the news organization&x27;s focus away from print journalism and toward visual journalism and other revenue sources.

AP finishes US restructuring with round of 20 layoffs, part of strategic pivot from print journalism

JOCELYN NOVECK Fri, May 15, 2026 at 9:43 PM UTC

0

FILE - The logo is displayed at the news organization's world headquarters in New York on April 9, 2025. (AP Photo/Aaron Jackson, File) (AP Photo/Aaron Jackson)

The laid off 20 U.S.-based journalists on Friday, the union representing them said, part of a restructuring announced last month that is turning the news organization's focus away from print journalism and toward visual journalism and other revenue sources.

“This is part of the restructuring we announced last month to align our operations with what our top customers need from us today,” an AP spokesman, Patrick Maks, said in an email.

“It’s never easy to part ways with valued colleagues — we are appreciative of their contributions to the AP and wish them all the best,” wrote Maks, the news outlet’s director of media relations and corporate communications.

AP declined to give numbers, but the News Media Guild, the union that represents AP journalists, said 20 guild-covered staffers had been laid off. The layoffs had been completed by the end of the business day Friday.

The layoffs, which had been expected, come about a month after AP, one of the world’s oldest and most influential news organizations, offered buyouts to more than 120 journalists based in the United States. About 40 subsequently volunteered and were accepted, according to the guild.

Tony Winton, the guild’s administrator, said the union had received an email just before 10 a.m. Friday from an AP human resources official saying the company was planning to implement layoffs, and the last day of work was Friday. He said no other information was provided.

“Today’s cuts show just how directionless AP’s leadership has become," said a statement from Kimberlee Kruesi, an AP reporter and the guild's acting president. “The company touts that it is prioritizing visual journalism, yet among the 20 employees sacked today are experienced photographers."

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Julie Pace, executive editor and senior vice president of the AP, said in an interview last month that AP’s goal was to reduce its global staff by less than 5%. The company does not say how many journalists it employs.

Pace said at the time that the AP “is not in trouble.”

“We’re making these changes from a position of strength, but we’re doing so now to recognize our changing customer base,” she said.

Over the past four years, the AP’s revenue from newspapers has declined by 25%. Gannett and McClatchy, two of the largest traditional newspaper publishers, dropped AP in 2024.

AP customers now are dominated by broadcast, digital and technology companies. Kristin Heitmann, senior vice president and chief revenue officer, said last month that the company had seen a 200% growth in revenue from technology companies over the same period.

___

Former AP media writer David Bauder contributed to this report.

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AP finishes US restructuring with round of 20 layoffs, part of strategic pivot from print journalism

AP finishes US restructuring with round of 20 layoffs, part of strategic pivot from print journalism JOCELYN NOVECK Fri, May 1...
New Photo - Detroit Pistons at Cleveland Cavaliers, Playoffs, Game 6: Live updates

Detroit Pistons at Cleveland Cavaliers, Playoffs, Game 6: Live updates Kameron Goodwill, Special to The Detroit NewsFri, May 15, 2026 at 9:00 PM UTC 0 The Detroit Pistons find themselves on the brink of elimination again, going to Cleveland to face the Cavaliers in a mustwin Game 6 on Friday night. Detroit suffered through an epic collapse in Game 5 at home, losing to the Cavs in overtime. After building a 20 lead, three straight losses has the top seed in the Eastern Conference looking at an early playoff exit.

Detroit Pistons at Cleveland Cavaliers, Playoffs, Game 6: Live updates

Kameron Goodwill, Special to The Detroit NewsFri, May 15, 2026 at 9:00 PM UTC

0

The Detroit Pistons find themselves on the brink of elimination again, going to Cleveland to face the Cavaliers in a must-win Game 6 on Friday night.

Detroit suffered through an epic collapse in Game 5 at home, losing to the Cavs in overtime. After building a 2-0 lead, three straight losses has the top seed in the Eastern Conference looking at an early playoff exit. The Pistons will need to overcome problems that have surfaced throughout this playoff run, such as consistent scoring outside of Cade Cunningham's production, if they want to force a Game 7 back in Detroit.

Although this team pulled off a 3-1 series comeback in the first round, the Cavs have proven they can make the right plays at the end of games. Also, the Pistons may still be without starter Duncan Robinson for Game 6, who is still dealing with a lower-back injury.

Follow along here for live updates from Detroit News contributor Kameron Goodwill.

NBA Playoffs, second round: No. 1 Pistons vs. No. 4 Cavaliers

Cavaliers lead series, 3-2

Game 1:Pistons 111, Cavaliers 101

Game 2:Pistons 107, Cavaliers 97

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Game 3:Cavaliers 116, Pistons 109

Game 4:Cavaliers 112, Pistons 103

Game 5: at Detroit, Wednesday, 8 p.m. (ESPN)

Game 6: at Cleveland, Friday, TBD (TBD)

x-Game 7: at Detroit, Sunday, TBD (TBD)

x-If necessary

This article originally appeared on The Detroit News: Detroit Pistons at Cleveland Cavaliers, Playoffs, Game 6: Live updates

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Detroit Pistons at Cleveland Cavaliers, Playoffs, Game 6: Live updates

Detroit Pistons at Cleveland Cavaliers, Playoffs, Game 6: Live updates Kameron Goodwill, Special to The Detroit NewsFri, May 15, ...
New Photo - US deportations to El Salvador double as Bukele aligns himself with Trump agenda

US deportations to El Salvador double as Bukele aligns himself with Trump agenda MARCOS ALEMƁN and MEGAN JANETSKY Wed, May 13, 2026 at 8:26 PM UTC 0 FILE President of El Salvador, Nayib Armando Bukele Ortez, listens as President Donald Trump speaks during the National Prayer Breakfast, Feb. 5, 2026, in Washington. (AP Photo/Evan Vucci, File) () SAN SALVADOR, El Salvador (AP) — The number of people deported to El Salvador from the U.S.

US deportations to El Salvador double as Bukele aligns himself with Trump agenda

MARCOS ALEMƁN and MEGAN JANETSKY Wed, May 13, 2026 at 8:26 PM UTC

0

FILE - President of El Salvador, Nayib Armando Bukele Ortez, listens as President Donald Trump speaks during the National Prayer Breakfast, Feb. 5, 2026, in Washington. (AP Photo/Evan Vucci, File) ()

SAN SALVADOR, El Salvador (AP) — The number of people deported to El Salvador from the U.S. nearly doubled in the first months of 2026, according to official figures, coming as Salvadoran President Nayib Bukele has positioned himself as an ally willing to help the Trump administration accelerate deportations, a central priority.

The U.S. deported 5,033 Salvadorans back to their country in the first three months of 2026 compared with 2,547 deportees in the same period in 2025, according to El Salvador migration authority figures obtained by The on Tuesday.

That marks nearly a 98% increase at the same time that the Trump administration has boosted deportation flights across the world. Globally, deportation flights from the U.S. jumped around 61% between 2024 and 2025, according to data compiled by the Asociación Agenda Migrante El Salvador, or AAMES, and other organizations.

The U.S. has stopped regularly releasing deportation data, so experts instead are relying on other information from countries like El Salvador, deportation flights and other numbers.

The sharp increase in deportations “confirms a real hardening of the U.S. immigration system toward the region,” said CĆ©sar RĆ­os of AAMES.

The jump comes as Bukele, a tough-on-crime politician, has sought to align himself with U.S. President Donald Trump, and the U.S. government has lined up allies across Latin America to help him carry out his agenda. While Mexico and other Central American nations have quietly accepted deportees from third countries, Bukele has boldly embraced Trump's efforts in Latin America.

In March 2025, Bukele most notably accepted 238 Venezuelan deportees accused of being members of the Venezuelan gang Tren de Aragua and locked them up in a mega-prison built for accused gang members in Bukele's ongoing offensive on El Salvador's gangs. The incident fueled widespread accusations of human rights abuses.

The geopolitical firestorm came after Trump's government struck a deal with Bukele to accept what they described as transfer and imprisonment of foreign criminals to El Salvador. Under the agreement, El Salvador would receive $6 million from the U.S.

In April, the Trump administration mistakenly deported a Maryland resident and Salvadoran citizen Kilmar Abrego GarcĆ­a with protected status in the U.S., becoming yet another legal and political flashpoint. Bukele originally refused to return Abrego GarcĆ­a and denied accusations of beating and torture — which have been widely documented by human rights groups in Salvadoran prisons.

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He was later returned to the U.S. in June to face charges that he helped bring immigrants to the U.S. illegally, something his lawyers call “baseless.” Abrego GarcĆ­a has pleaded not guilty and asked a judge to dismiss his case as the U.S. Department of Homeland Security announced that it hoped to deport Abrego GarcĆ­a to Liberia.

Even more recently, Bukele joined a coalition of other right-leaning Trump allies in a group of countries that Trump dubbed the Shield of the Americas, purportedly aimed at cracking down on criminal groups in Latin America, even though the two most essential countries in that effort — Mexico and Colombia — refused to attend.

Meanwhile, many migrants in the U.S. are turning their eyes on U.S. Supreme Court arguments as Trump seeks to stop shielding hundreds of thousands of migrants from Haiti and Syria, a decision many of the more than 200,000 Salvadoran migrants with temporary protections worry might eventually affect them.

Bukele has helped the U.S. with its immigration agenda even before Trump entered office.

In 2023, El Salvador’s government began to slap a $1,130 fee on travelers from dozens of countries connecting through the nation’s main airport, amid pressure from the Biden administration to help control the number of migrants moving toward the United States' southern border. At the same time, migration from El Salvador, fueled by gang violence and poverty, dipped following Bukele's contentious war on the gangs.

Analysts said that Bukele's government used dips in migration as a bargaining chip to offset human rights criticisms by the U.S.

___

Megan Janetsky reported from Mexico City.

___

Follow AP’s coverage of Latin America and the Caribbean at https://ift.tt/83QJtbK

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US deportations to El Salvador double as Bukele aligns himself with Trump agenda

US deportations to El Salvador double as Bukele aligns himself with Trump agenda MARCOS ALEMƁN and MEGAN JANETSKY Wed, May 13, ...
New Photo - 2026 NFL schedule: Best rookie vs. rookie showdowns for the regular season

2026 NFL schedule: Best rookie vs. rookie showdowns for the regular season Frank SchwabWed, May 13, 2026 at 1:00 PM UTC 0 In most seasons, a meeting between the only two firstround quarterbacks in the NFL Draft would be one of the most anticipated games on the schedule. This season, it might be Kirk Cousins vs. Matthew Stafford. That’s not too bad, considering Stafford is the reigning MVP and Cousins has had a good career too. But when the Las Vegas Raiders and Los Angeles Rams meet, Fernando Mendoza and Ty Simpson might both remain on their sidelines all game.

2026 NFL schedule: Best rookie vs. rookie showdowns for the regular season

Frank SchwabWed, May 13, 2026 at 1:00 PM UTC

0

In most seasons, a meeting between the only two first-round quarterbacks in the NFL Draft would be one of the most anticipated games on the schedule.

This season, it might be Kirk Cousins vs. Matthew Stafford.

That’s not too bad, considering Stafford is the reigning MVP and Cousins has had a good career too. But when the Las Vegas Raiders and Los Angeles Rams meet, Fernando Mendoza and Ty Simpson might both remain on their sidelines all game. Mendoza will probably start the season behind Cousins, who got $20 million to let Mendoza sit and learn for however long the Raiders decide is prudent. Mendoza probably will start games at some point this season. That might not be the case for Simpson, who won’t see the field for the Rams if Stafford stays healthy.

The Rams-Raiders matchup likely not featuring both first-round quarterbacks represents what is an unusual season for rookies. The 2026 NFL Draft class was viewed as thinner than most classes. Therefore, there won’t be a ton of high-profile rookie showdowns during the season, which is usually a highlight of the NFL’s regular-season schedule.

But there will be a few fun rookie vs. rookie battles that will be worth tuning in for. Here are the best rookie spotlight games on the schedule.

Seahawks vs. Cardinals: RB Jeremiyah Love vs. Jadarian Price

Two running backs went in the first round, and no other back went until late in the third round. And the only two backs to go in the first 89 picks of the draft were college teammates.

Love and Price both went from Notre Dame to the NFC West. They’ll face off twice per season, which will be fun. While Love is considered to be by far the better prospect, Price is a bit of an unknown because he didn’t play that much behind Love in college. But he was talented enough to be a first-round pick by the Super Bowl champions. If Price is as good as Seattle believes, it will be fun to compare the Fighting Irish backs’ careers. And we get to see them on the same field twice per season.

Notre Dame running backs Jadarian Price (24) and Jeremiyah Love (4) were both first-round NFL Draft picks. (Photo by James Black/Icon Sportswire via Getty Images) (Icon Sportswire via Getty Images)Raiders at Jets: QB Fernando Mendoza vs. EDGE David Bailey

Mendoza should be playing at some point this season. Hopefully it’s by the time the Raiders go to New York to face the Jets.

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We don’t often get to see the top two picks on the field together as rookies. Mendoza was the clear first pick of the draft, and then the Jets took Bailey over some other talented defensive players at No. 2 overall. Bailey chasing around Mendoza would make for some fun theater.

Cowboys vs. Giants: S Caleb Downs vs. EDGE Arvell ReeseCowboys vs. Commanders: Downs vs. LB Sonny StylesGiants vs. Commanders: Reese vs. Styles

The last time a school had four picks in the top 11 of a draft, it was Michigan State in 1967. The Buckeyes matched that this year, and three of those players were elite defenders. They all landed in the NFC East.

That means the old college teammates will reunite twice per season. Downs, Reese and Styles won’t be on the field at the same time, but when their defenses are playing we can gauge the progress from each of the Buckeye defenders. And the Cowboys, Commanders and Giants all get to face the Titans this season, so we can see them all try to chase down Ohio State receiver Carnell Tate, who was the fourth overall pick to Tennessee.

Eagles at Titans: WR Makai Lemon vs. WR Carnell Tate

Four receivers went in the top 20 picks of the NFL Draft. One of them, Saints rookie Jordyn Tyson, doesn’t face the Titans or Eagles this season. But the Eagles and Titans meet up, meaning that we can see two of the top three receivers in the draft on opposite sides.

Tate was the fourth pick and an elite prospect, but Lemon was also highly thought of before the draft and ended up with a good Eagles team. We can check in for this game to see how two of the top skill-position players in the draft are progressing.

Browns at Buccaneers: OT Spencer Fano vs. EDGE Rueben Bain Jr.

In most of these matchups, the rookies aren’t doing direct battle against each other. This one should feature plenty of reps between Fano, the top offensive lineman selected in the NFL Draft at ninth overall by the Browns, against Bain, who was taken 15th by the Buccaneers. Bain was considered a potential top-five prospect at times early in the pre-draft process but he slipped a bit and the Buccaneers were happy to take him. We’ll get to see how one of the top edge defenders in the NFL Draft fares against the draft’s top tackle.

Jets at Chiefs: EDGE David Bailey, TE Kenyon Sadiq, WR Omar Cooper Jr. vs. CB Mansoor Delane, DL Peter Woods

You won’t see many games that feature five first-round rookies, because it’s rare for an NFL team to have three first-round picks. But the Jets did, and they have four opponents this season (Miami twice, Kansas City, Cleveland, Tennessee) that had two first-round picks.

The Chiefs stand out as a fun matchup against the New York’s trio of rookies, because four first-round picks should be on the field at the same time when the Jets have the ball. We could see some reps of Delane, the sixth pick of the draft, covering Cooper, who went 29th. For those who like tracking rookies, this should be a good matchup for it.

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2026 NFL schedule: Best rookie vs. rookie showdowns for the regular season

2026 NFL schedule: Best rookie vs. rookie showdowns for the regular season Frank SchwabWed, May 13, 2026 at 1:00 PM UTC 0 In mos...
New Photo - The 23 best bingeable miniseries streaming on Netflix

EW's picks range from sweeping romances like &34;Queen Charlotte&34; to tense crime dramas like &34;Adolescence&34; and &34;The Beast in Me.&34; The 23 best bingeable miniseries streaming on Netflix EW's picks range from sweeping romances like &34;Queen Charlotte&34; to tense crime dramas like &34;Adolescence&34; and &34;The Beast in Me.&34; By Janey Tracey and Kevin Jacobsen on May 6, 2026 7:42 a.m. ET :maxbytes(150000):stripicc()/netflixminiseriestout19208292024c5fd7498672e45ef8e36044e7305d21b.

EW's picks range from sweeping romances like "Queen Charlotte" to tense crime dramas like "Adolescence" and "The Beast in Me."

The 23 best bingeable miniseries streaming on Netflix

EW's picks range from sweeping romances like "Queen Charlotte" to tense crime dramas like "Adolescence" and "The Beast in Me."

By Janey Tracey and Kevin Jacobsen

on May 6, 2026 7:42 a.m. ET

Kaitlyn Dever as Marie Adler in 'Unbelievable'; Golda Rosheuvel as Queen Charlotte in 'Queen Charlotte: A Bridgerton Story'; SofĆ­a Vergara as Griselda Blanco in 'Griselda'

Kaitlyn Dever as Marie Adler in 'Unbelievable'; Golda Rosheuvel as Queen Charlotte in 'Queen Charlotte: A Bridgerton Story'; SofĆ­a Vergara as Griselda Blanco in 'Griselda'. Credit:

In the late-2000s and early-2010s, it was looking like miniseries were going away. Then came *American Horror Story* in 2011, which helped resurrect the genre and led to a boom of limited and anthology series that hasn't slowed down 15 years later.

Netflix has been at the forefront of this resurrection, housing numerous buzzworthy miniseries that went on to win the genre's top prize at the Emmys, such as *Adolescence*, *Baby Reindeer*, and *The Queen's Gambit*. The streamer also has riveting docuseries like *The Andy Warhol Diaries* and *Wild Wild Country* that explore their subjects further than a traditional documentary could.

Ahead, find our recommendations for the 23 best miniseries on Netflix worth binging in their entirety over the weekend.

James Franco as Jake Epping in '11.22.63'

James Franco as Jake Epping in '11.22.63'.

Russ Martin/Hulu

Based on the alternative history novel by Stephen King, this Hulu-produced miniseries is even more thoughtful and engrossing than its premise suggests. James Franco stars as Jake Epping, an English teacher who gains access to a portal that allows him to travel back in time to stop the assassination of President John F. Kennedy. But Jake's mission becomes complicated when he finds himself adjusting nicely to his new life in the '60s, while every choice he makes threatens to change the course of human history. It's a powerful character study in the body of a propulsive sci-fi thriller. —*Kevin Jacobsen*

Where to watch *11.22.63*: Netflix

**Cast:** James Franco, Chris Cooper, Sarah Gadon, Lucy Fry, George MacKay

Adolescence (2025)

Owen Cooper as Jamie Miller in 'Adolescence'

Owen Cooper as Jamie Miller in 'Adolescence'.

Courtesy of Netflix

This four-part miniseries has become a TV unicorn since its March 2025 release, becoming a massive hit with viewers, achieving universal acclaim from critics, and earning eight Emmys (including Outstanding Limited or Anthology Series). *Adolescence* centers on a 13-year-old boy (Owen Cooper) accused of murdering a female classmate, deftly exploring the motive that led to the crime as well as the devastating impact it has on his family. Each episode takes place over the course of an hour and is filmed in one continuous take, from immersing us in the unnerving dread of the initial police interrogations to the sobering reality of his family left to ponder where they went wrong. It's gripping television, powered by masterful performances and urgent, economical storytelling. —*K.J.*

Where to watch *Adolescence*: Netflix

**Cast:** Stephen Graham, Owen Cooper, Ashley Walters, Erin Doherty, Christine Tremarco

Alias Grace (2017)

Sarah Gadon as Grace Marks in 'Alias Grace'

Sarah Gadon as Grace Marks in 'Alias Grace'. Jan Thijs/Netflix

If you're excited that female antiheroes are having a moment, then *Alias Grace* should be next on your watchlist. Created by *Women Talking *director Sarah Polley and directed by *American Psycho* helmer Mary Harron, *Alias Grace *follows Grace Marks (Sarah Gadon), a 19th-century maid who is in jail for allegedly murdering her employers. Like fellow Margaret Atwood adaptation *The Handmaid's Tale*, *Alias Grace* is a powerful critique of the plight of women in a patriarchal society, but it's also a miniseries that will keep you constantly guessing about the protagonist’s guilt or innocence. —*Janey Tracey*

Where to watch *Alias Grace*: Netflix

**EW grade:** A–

**Cast:** Sarah Gadon, Edward Holcroft, Rebecca Liddiard, Anna Paquin, Zachary Levi

The Andy Warhol Diaries (2022)

Andy Warhol in 'The Andy Warhol Diaries'

Andy Warhol in 'The Andy Warhol Diaries'.

This absorbing Emmy-nominated documentary series follows the rise of the influential pop artist Andy Warhol. Utilizing innovative technology to simulate Warhol's voice, the series brings the artist's meticulously written diaries to life, guiding us through his career as a painter, the various loves of his life, and his emergence as a pop culture icon in the '60s. Aided by revealing interviews from various public figures whose lives were touched by Warhol, *The Andy Warhol Diaries* is a fittingly stylish tribute to a legend. —*K.J.*

Where to watch *The Andy Warhol Diaries*: Netflix

Baby Reindeer (2024)

Richard Gadd as Donny Dunn in 'Baby Reindeer'

Richard Gadd as Donny Dunn in 'Baby Reindeer'.

Based on Richard Gadd's one-man show about his experience with stalking, *Baby Reindeer* starts with humor, then takes a sharp turn that makes you reevaluate everything that came before. The Emmy-winning miniseries has been controversial, especially after a lawsuit was filed by the woman who claims to be the inspiration for the series. But, wherever you stand on the ethics of fictionalizing real people, *Baby Reindeer* still stands on its own as intimate, gut-wrenching television that's deeply personal. —*J.T.*

Where to watch *Baby Reindeer*: Netflix

**Cast:** Richard Gadd, Jessica Gunning, Nava Mau, Tom Goodman-Hill

The Beast in Me (2025)

Claire Danes as Aggie Wiggs and Matthew Rhys as Nile Jarvis in 'The Beast in Me'

Claire Danes as Aggie Wiggs and Matthew Rhys as Nile Jarvis in 'The Beast in Me'.

Courtesy of Netflix

Two of television's most accomplished stars square off in this gripping cat-and-mouse miniseries. Claire Danes plays Aggie Wiggs, an author struggling with depression, who finds inspiration to write her latest book about her enigmatic new neighbor, Nile Jarvis (Matthew Rhys). Nile, a real estate developer, is suspected of murdering his first wife, and Aggie goes on a dangerous mission to learn the truth. Both Emmy-winning stars turn in committed performances as their respective deeply flawed characters, but Rhys in particular delivers one of the most chilling performances in recent television history. —*K.J.*

Where to watch *The Beast in Me*: Netflix

**Cast:** Claire Danes, Matthew Rhys, Brittany Snow, Natalie Morales

Bodyguard (2018)

Richard Madden as David Budd and Keeley Hawes as Julia Montague in 'Bodyguard'. World Productions/Netflix

Many shows might build to their first nail-biting sequence, but not *Bodyguard*. The first episode starts with a 20-minute scene in which David Budd (Richard Madden), a British Army war veteran suffering from PTSD, tries to talk down a suicide bomber while on a train with his two children. EW staffers praised Madden's Golden Globe-winning performance, the portrayal of women in positions of power, and the "what-the-heck-is-even-happening moments" that make the miniseries impossible not to binge. And the viewers seemed to agree: When it aired in the U.K., *Bodyguard* became the country's most successful launch of a drama series in the 2010s. —*J.T.*

Where to watch *Bodyguard*: Netflix

**Cast:** Richard Madden, Keeley Hawes, Gina McKee, Sophie Rundle, Vincent Franklin

Death by Lightning (2025)

Michael Shannon as James A. Garfield in 'Death by Lightning'

Michael Shannon as James A. Garfield in 'Death by Lightning'.

Larry Horricks/Netflix/Courtesy Everett Collection

James A. Garfield may not have the name recognition of other centuries-old presidents like George Washington, John Adams, or Abraham Lincoln, but this four-part miniseries has certainly elevated his profile. Michael Shannon stars as Garfield as he becomes the 20th President of the United States and advocates for civil rights. Meanwhile, troubled devotee Charles J. Guiteau (Matthew Macfadyen) turns increasingly disgruntled, leading to him shooting the president. It's a compelling two-hander that explores both the potential and dangers of humanity. —*K.J.*

Where to watch *Death by Lightning*: Netflix

**Cast:** Michael Shannon, Matthew Macfadyen, Betty Gilpin, Bradley Whitford, Nick Offerman

Godless (2017)

Michelle Dockery as Alice Fletcher in 'Godless'

Michelle Dockery as Alice Fletcher in 'Godless'. Ursula Coyote/Netflix

*Godless* takes the Western genre and turns it on its head, focusing on a town almost entirely run by women after a mining accident kills most of the men. Jeff Daniels chews the scenery as murderous robber Frank Griffin, giving a villainous performance for the ages (even if some of his monologues run a little long). But the women are the standouts, especially *Downton Abbey*'s Michelle Dockery and Merritt Wever as the men's clothes-wearing, overtly feminist Mary Agnes. "I'm done with the notion that the bliss of me and my sisters is to be found in childbearing and caregiving," she declares. —*J.T.*

Where to watch *Godless*: Netflix

**EW grade:** B

**Cast:** Michelle Dockery, Jack O'Connell, Merritt Wever, Sam Waterston, Jeff Daniels

Griselda (2024)

SofĆ­a Vergara as Griselda Blanco in 'Griselda'

SofĆ­a Vergara as Griselda Blanco in 'Griselda'.

Courtesy of Netflix

You've never seen SofĆ­a Vergara quite like this. The *Modern Family* alum sheds her comedic persona — and puts on some prosthetics — to deliver a chilling, Emmy-nominated performance as Griselda Blanco, the infamous Colombian drug lord. According to director AndrĆ©s Baiz, who also worked on *Narcos*, Vergara was drawn to the role of a woman in a man's world and the opportunity to show her range. "This was a chance to reinvent herself and step out of her comfort zone," Baiz told EW. "She knew she had to dive in completely into this role and...push herself to the limit." —*J.T.*

Where to watch *Griselda*: Netflix

**Cast:** Sofƭa Vergara, Alberto Guerra, Martin Rodriguez, Juliana AidƩn Martinez, Vanessa Ferlito

The Haunting of Hill House (2018)

(From left to right): Mckenna Grace as Theo, Lulu Wilson as Shirley, Paxton Singleton as Steven, Violet McGraw as Nell, Julian Hilliard as Luke, and Henry Thomas as Hugh — the Crains — in 'The Haunting of Hill House'

(From left to right): Mckenna Grace as Theo, Lulu Wilson as Shirley, Paxton Singleton as Steven, Violet McGraw as Nell, Julian Hilliard as Luke, and Henry Thomas as Hugh — the Crains — in 'The Haunting of Hill House'. Steve Dietl/Netflix

Less of an adaptation than a reimagining, *The Haunting of Hill House* has almost nothing in common with the original Shirley Jackson novel except the characters' names. But director Mike Flanagan captures the spirit of the work; in true elevated horror fashion, the miniseries uses ghosts as metaphors for trauma and unresolved grief, reaching a terrible and beautiful climax with the now-classic episode "The Bent-Neck Lady."

"A ghost can be a lot of things: memories, guilt, regrets, trauma, loss," Flanagan told EW. "We all have our ghosts to contend with, and that contention is where we learn the most about ourselves, as individuals and as a society." —*J.T.*

Where to watch *The Haunting of Hill House*: Netflix

**Cast:** Victoria Pedretti, Carla Gugino, Michiel Huisma, Kate Siegel, Timothy Hutton

The Last Dance (2020)

Michael Jordan and Scottie Pippen during Game 5 of the NBA Finals on June 11, 1997

Michael Jordan and Scottie Pippen during Game 5 of the NBA Finals on June 11, 1997.

Nuccio DiNuzzo/Chicago Tribune/Tribune News Service via Getty Images

You don't need to follow basketball to appreciate *The Last Dance*. Chronicling Michael Jordan's final season with the Chicago Bulls, this 10-part docuseries became a quarantine favorite at a time when no one could watch live sports, painting a compelling portrait of ambition, leadership, and the price of success. "Sports fans or non-sports fans, the Chicago Bulls were a global phenomenon," director Jason Hehir told EW. "This was a cast of characters that Hollywood couldn't come up with, and Michael Jordan was the star of all stars." —*J.T.*

Where to watch *The Last Dance*: Netflix

**Cast:** Michael Jordan, Scottie Pippen, Dennis Rodman

The 26 best miniseries ready to binge-watch this weekend

Olivia Cooke as Cherry Laine in 'The Girlfriend'; Owen Cooper as Jamie Miller in 'Adolescence'; Jason Bateman as Vince Friedken in 'Black Rabbit'

The 28 best drama series on Netflix to get hooked on

RegƩ-Jean Page as Simon Basset on 'Bridgerton'; Steven Yeun as Danny Cho in 'Beef'; Anya Taylor-Joy as Beth Harmon in 'The Queen's Gambit'

Maid (2021)

Margaret Qualley as Alex Russell in 'Maid'

Margaret Qualley as Alex Russell in 'Maid'.

Ricardo Hubbs/Netflix

Based on Stephanie Land's memoir, *Maid* follows Alex (Margaret Qualley), a young mother who escapes an abusive relationship and struggles to support herself and her daughter. The miniseries is a raw and empathetic portrayal of the challenges faced by those living on the margins of society and a scathing indictment of the institutions that make it nearly impossible to escape abuse and poverty. Qualley's real-life mother Andie MacDowell has an unsettling supporting role as Alex's mentally ill mother, but Qualley is the star, and her nuanced, Emmy-nominated performance makes *Maid *both heartbreaking and inspiring. —*J.T.*

Where to watch *Maid*: Netflix

**Cast:** Margaret Qualley, Nick Robinson, Anika Noni Rose, Andie MacDowell

Midnight Mass (2021)

Hamish Linklater as Father Paul Hill in 'Midnight Mass'

Hamish Linklater as Father Paul Hill in 'Midnight Mass'.

Courtesy of Netflix

*The Haunting of Hill House* is Mike Flanagan's claim to fame, but some might call *Midnight Mass* his magnum opus. The miniseries follows Riley Flynn (Zach Gilford), a man who returns to his religious hometown after serving prison time for manslaughter. When a mysterious priest (Hamish Linklater) arrives, strange and unexplainable events begin to occur. Full of slow-burn horror, it's Flanagan's most personal work, based on his experiences with recovery and his upbringing in a Catholic community. "I don't know how long I could have gone without writing it," he wrote in a letter to critics. “This...was the story I always wanted to tell." —*J.T.*

Where to watch *Midnight Mass*: Netflix

**EW grade:** A–

**Cast**: Zach Gilford, Kate Siegel, Hamish Linklater, Kristin Lehman, Samantha Sloyan

One Day (2024)

Ambika Mod as Emma Morley and Leo Woodall as Dexter Mayhew in 'One Day'

Ambika Mod as Emma Morley and Leo Woodall as Dexter Mayhew in 'One Day'.

Forget the 2011 film version starring Jim Sturgess and Anne Hathaway — *One Day* on Netflix is now the definitive adaptation of the beloved novel by David Nicholls. The series follows college classmates Emma (Ambika Mod) and Dexter (Leo Woodall), whose relationship unfolds on the same day over the course of 20 years. A lovely rom-com elevated by Mod and Woodall's chemistry and nuanced, charming performances, *One Day* will have you in tears by the end of your binge. —*J.T.*

Where to watch *One Day*: Netflix

**Cast:** Ambika Mod, Leo Woodall

Queen Charlotte: A Bridgerton Story (2023)

Corey Mylchreest as King George III and India Amarteifio as Queen Charlotte in 'Queen Charlotte: A Bridgerton Story'

Corey Mylchreest as King George III and India Amarteifio as Queen Charlotte in 'Queen Charlotte: A Bridgerton Story'. Liam Daniel/Netflix

A prequel series to ratings juggernaut *Bridgerton*, *Queen Charlotte* offers a lush, romantic look at the origins of one of the most beloved characters. The miniseries, by super creator Shonda Rhimes, delves into the young Queen Charlotte's (India Amarteifio) rise to power and her relationship with King George III (Corey Mylchreest). The story has a modern resonance as Queen Charlotte is written as a woman of color, which is the belief of many historians. "I wanted to tell the story of this young woman of color arriving in this world where she never imagined she'd be," Rhimes told EW. —*J.T.*

Where to watch* Queen Charlotte: A Bridgerton Story*: Netflix

**EW grade:** B+

**Cast:** India Amarteifio, Adjoa Andoh, Michelle Fairley, Corey Mylchreest, Golda Rosheuvel

The Queen's Gambit (2020)

Anya Taylor-Joy as Beth Harmon in 'The Queen's Gambit'

Anya Taylor-Joy as Beth Harmon in 'The Queen's Gambit'.

Phil Bray/Netflix

The miniseries that made everyone learn chess during quarantine, *The Queen's Gambit* was the surprise hit of 2020, captivating audiences with its riveting tale of chess prodigy Beth Harmon (Anya Taylor-Joy). Set during the Cold War, the Emmy-winning series traces Beth's journey from a Kentucky orphanage to the international chess scene, all while dealing with addiction and inner demons. The quick pacing and inventive visuals make chess matches as thrilling as a sports movie climax, but Taylor-Joy's mesmerizing performance is the real draw. As EW's critic writes, "*Queen's Gambit* will be remembered as the final star-making moment for Taylor-Joy, before her movie career rockets fast and Furiosa-ly." —*J.T.*

Where to watch* The Queen's Gambit*: Netflix

**EW grade:** B

**Cast: **Anya Taylor-Joy, Bill Camp, Moses Ingram, Marielle Heller, Thomas Brodie-Sangster

Ripley (2024)

Andrew Scott as Tom Ripley in 'Ripley'

Andrew Scott as Tom Ripley in 'Ripley'.

*Ripley* brings Patricia Highsmith's infamous con artist to the small screen in a stylish retelling that goes full noir, filmed entirely in black and white. These changes allow for a darker, lonelier version of Tom Ripley (played by a career-best Andrew Scott), whose complex psychology and lack of glamour is for a modern audience. "I didn't purposely try to get sympathy or empathy for him," creator Steven Zaillian told EW. "I trusted that, just by telling the story, that same thing would happen as it did in the book." —*J.T.*

Where to watch* Ripley*: Netflix

**Cast: **Andrew Scott, Dakota Fanning, Johnny Flynn, Eliot Sumner, Margherita Buy

Toxic Town (2025)

Aimee Lou Wood as Tracy, Jodie Whittaker as Susan, and Karla Crome as Pattie in 'Toxic Town'

Aimee Lou Wood as Tracy, Jodie Whittaker as Susan, and Karla Crome as Pattie in 'Toxic Town'.

Ben Blackall/Netflix

This four-part British series is based on the real-life story of mothers who fought their town's council on behalf of their children. At the center is the toxic waste scandal in Corby, Northamptonshire, England, where the mishandling of industrial waste led to birth defects for several of the town's newborns. Jodie Whittaker and *White Lotus* alum Aimee Lou Wood are superb as two of the mothers whose babies were affected, and the series is at once infuriating and inspiring as it portrays the long and winding road of seeking justice. —*K.J.*

Where to watch *Toxic Town*: Netflix

**Cast:** Jodie Whittaker, Aimee Lou Wood, Rory Kinnear, Brendan Coyle, Robert Carlyle

Unbelievable (2019)

Kaitlyn Dever as Marie Adler in 'Unbelievable'

Kaitlyn Dever as Marie Adler in 'Unbelievable'. Beth Dubber/Netflix

Based on the devastating, Pulitzer Prize-winning article "An Unbelievable Story of Rape" from ProPublica and the Marshall Project, *Unbelievable* is a hard-hitting, unusually compassionate police procedural about two detectives (Toni Collette and Merritt Wever) as they investigate a series of sexual assaults. Kaitlyn Dever gives a heartbreaking performance as Marie, a rape survivor dismissed by authorities, which the actress called "the hardest thing I’ve ever done in my career." But instead of dwelling on the gendered injustices, the miniseries highlights the importance of having women in positions of power, as the empathetic approach taken by the female investigators is key to righting the wrongs of the case. —*J.T.*

Where to watch* Unbelievable*: Netflix

**EW grade:** B+

**Cast: **Toni Collette, Merritt Wever, Kaitlyn Dever

Unorthodox (2020)

Amit Rahav as Yanky Shapiro and Shira Haas as Esty Shapiro in 'Unorthodox'

Amit Rahav as Yanky Shapiro and Shira Haas as Esty Shapiro in 'Unorthodox'. Anika Molnar/Netflix

Based on Deborah Feldman's memoir, *Unorthodox* tells the story of Esther "Esty" Shapiro, a young woman who flees her ultra-Orthodox Jewish community in Brooklyn for a new life in Berlin. The miniseries is a gripping tale of self-discovery and rebellion, with Shira Haas delivering an extraordinary turn as Esty. She earned an Emmy nomination for her performance, not least because of that powerful singing scene. "The show is about a woman finding her voice, and in that scene, she's literally finding it," Haas told EW. "She's even surprising herself of what's coming out of her." —*J.T.*

Where to watch* Unorthodox*: Netflix

**Cast:** Shira Haas, Amit Rahav, Jeff Wilbusch

When They See Us (2019)

Niecy Nash-Betts as Delores Wise in 'When They See Us'

Niecy Nash-Betts as Delores Wise in 'When They See Us'. Atsushi Nishijima/Netflix

Ava DuVernay's *When They See Us* is a searing, unflinching account of the wrongful convictions of the Central Park Five, five Black and Latino teenagers who were falsely accused of a brutal assault in 1989. The miniseries powerfully depicts the systemic racism and injustice faced by these young men, following their harrowing journey from arrest to exoneration. With DuVernay's auteur touch and stellar performances from an ensemble cast, especially Jharrel Jerome, who won an Emmy for his portrayal of Korey Wise, *When They See Us* is as emotionally devastating as it is necessary viewing. —*J.T.*

Where to watch *When They See Us*: Netflix

**Cast:** Asante Blackk, Jharrel Jerome, Niecy Nash-Betts, Felicity Huffman

Wild Wild Country (2018)

Bhagwan Shree Rajneesh in 'Wild Wild Country'

Bhagwan Shree Rajneesh in 'Wild Wild Country'. Netflix

Cult documentaries have been a part of our media diet, but *Wild Wild Country* is one you have to see to believe. Chronicling the rise and fall of the Rajneeshpuram commune in Oregon during the 1980s, the docuseries delves into the controversial practices of Bhagwan Shree Rajneesh and his followers, leading to one of the most bizarre, shocking, and underreported events in American history. It's a wild ride filled with twists, legal battles, and a fascinating cast of real-life characters. —*J.T.*

Where to watch* Wild Wild Country*: Netflix

- TV Reviews & Recommendations

Original Article on Source

Source: "EW TV"

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Source: TV

Published: May 14, 2026 at 11:19AM on Source: PRIME TIME

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The 23 best bingeable miniseries streaming on Netflix

EW's picks range from sweeping romances like &34;Queen Charlotte&34; to tense crime dramas like &34;Adolescence&34; ...
New Photo - Vampire Diaries bosses on casting Enzo as a Salvatore brother and Damon's fate in the finale

Listen to the final episode of EW's Binge: Vampire Diaries podcast. Vampire Diaries bosses on casting Enzo as a Salvatore brother and Damon's fate in the finale Listen to the final episode of EW's Binge: Vampire Diaries podcast. By Samantha Highfill :maxbytes(150000):stripicc()/SamanthaHighfillauthorphoto0917254112e875604542d49744a27de908d183.jpg) Samantha Highfill Samantha Highfill is an executive editor at , where she's worked for more than 12 years covering television. EW's editorial guidelines August 27, 2021 9:00 a.m.

Listen to the final episode of EW's Binge: Vampire Diaries podcast.

Vampire Diaries bosses on casting Enzo as a Salvatore brother and Damon's fate in the finale

Listen to the final episode of EW's Binge: Vampire Diaries podcast.

By Samantha Highfill

Sam Highfill author photo

Samantha Highfill

Samantha Highfill is an executive editor at **, where she's worked for more than 12 years covering television.

EW's editorial guidelines

August 27, 2021 9:00 a.m. ET

For *The Vampire Diaries* creatives, casting Enzo was a particularly difficult task. Because originally, the role was going to be very different.

"You were supposed to be the third Salvatore brother," executive producer Julie Plec tells star Michael Malarkey in episode 8 of *EW's Binge: The Vampire Diaries*. Writer Brett Matthews adds, "That was always the plan, and then it went a different direction, but that's why it was so hard to find the person. We thought it was going to be a Salvatore brother, so we cast a very wide net [and] looked very hard." Ultimately, they scrapped that plan and made it so Enzo didn't share Salvatore blood, but he was a brother figure for Damon (Ian Somerhalder) for many years (and he was sired by Lily Salvatore).

But that wasn't the only plan that changed in the writers' room over the years. In discussing the *Vampire Diaries*' final season, Plec and Matthews recall the final major debate: Which Salvatore were they going to kill in the series finale? "We went back and forth in the writers' room all season long," Plec says. "We finally landed on: We're killing Damon. That's the right thing to do. He is the one with the consequence to pay. Stefan was morally a bit stronger of a character."

The Vampire Diaries

Michael Malarkey as Enzo and Ian Somerhalder as Damon on 'The Vampire Diaries'. Annette Brown/The CW; Bob Mahoney/The CW

Matthews adds, "Damon's a fairly obvious choice," noting that the writers really fell in love with the idea of Damon compelling Stefan (Paul Wesley) to let him die. But when executive producer Kevin Williamson proposed that it should be Stefan that dies, they started to rethink their plan. "It felt like dying for Stefan freed him from a lot of weight, whereas it felt like living for Damon freed him to go and be the man that he was always supposed to be," Plec says.

Of course, both Salvatores were meant to die in the original ending Plec and Williamson came up with during the show's second season. In that ending, "The boys would sacrifice themselves to save Elena so that Elena could go and have a life and be human and live," Plec recalls during the podcast. "To save her, they would die together, and that was always the pitch. And then when Nina [Dobrev] left, it felt like the show can't be as much about protecting Elena's happiness, although that's important to us, but we want to protect the bothers' happiness, we want them to get something out of this. Then it shifted to: We can't kill both of them for her because that feels somehow like nobody got what they wanted. Let's find a different way to give one of these brothers the happiness that they need and the other brother the closure that they need."

(One other way Dobrev leaving changed the plan? Plec says, "I thought that by the time we came back to the end of the series, whenever it was, that Elena would've found her way back to Stefan and Damon would've found a different path.")

For more about the final season, listen to the full podcast episode below:

**To listen, subscribe to *EW's Binge: The Vampire Diaries* feed via Apple Podcasts, Spotify, or wherever you get your podcasts. You can also subscribe to EW's YouTube page to catch all the video interviews, and stay tuned to EW.com.**

**Related content:**

- *Vampire Diaries* star Ian Somerhaldher reveals why he was jealous of Chris Wood's Kai

- *Vampire Diaries* boss reveals the real reason they killed Katherine in season 5

- *Vampire Diaries* bosses on the 'controversial' sire bond and the role Pedro Pascal auditioned for

- *Vampire Diaries* boss Julie Plec explains why Klaroline could never happen today

- Sci-Fi & Fantasy Shows

Original Article on Source

Source: "EW Sci-Fi"

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Source: Sci-Fi

Published: May 14, 2026 at 11:19AM on Source: PRIME TIME

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Vampire Diaries bosses on casting Enzo as a Salvatore brother and Damon's fate in the finale

Listen to the final episode of EW's Binge: Vampire Diaries podcast. Vampire Diaries bosses on casting Enzo as a Salvatore br...
New Photo - Wall Street Is Worried About a ‘Sizzling’ Semiconductor Trade. History Says Cooling Periods Like This Set Up the Next Leg Higher

Wall Street Is Worried About a ‘Sizzling’ Semiconductor Trade. History Says Cooling Periods Like This Set Up the Next Leg Higher Jeremy PhillipsThu, May 14, 2026 at 12:03 AM UTC 0 Slaven Vlasic / Getty Images Entertainment via Getty ImagesQuick Read Nvidia (NVDA) reported Q4 fiscal 2026 revenue of $68.13B, up 73.2% year over year with Data Center networking up 263%, and guided Q1 to roughly $78B. AMD (AMD) delivered Q1 2026 revenue of $10.25B with Data Center up 57% year over year and Q2 guidance of $11.

Wall Street Is Worried About a ‘Sizzling’ Semiconductor Trade. History Says Cooling Periods Like This Set Up the Next Leg Higher

Jeremy PhillipsThu, May 14, 2026 at 12:03 AM UTC

0

Slaven Vlasic / Getty Images Entertainment via Getty ImagesQuick Read -

Nvidia (NVDA) reported Q4 fiscal 2026 revenue of $68.13B, up 73.2% year over year with Data Center networking up 263%, and guided Q1 to roughly $78B. AMD (AMD) delivered Q1 2026 revenue of $10.25B with Data Center up 57% year over year and Q2 guidance of $11.2B, while the iShares Semiconductor ETF is up 71% year to date despite recent sentiment swings.

B200 GPU rental prices fell 30% over a weekend and sentiment metrics deteriorated sharply, but historical analysis shows NVIDIA has weathered similar cooling periods in 2017, 2019, and 2022 before launching new highs, suggesting current anxiety reflects a temporary pause rather than demand reset.

The analyst who called NVIDIA in 2010 just named his top 10 stocks and AMD wasn't one of them. Get them here FREE.

Although the chip complex has spent the last six months looking unstoppable, Wall Street is starting to whisper that the heat may finally be coming out of the trade. A Reuters analysis is warning that the "sizzling" semiconductor trade is at risk of cooling and could stall the broader US stocks rally. The iShares Semiconductor ETF has vaulted roughly 71% year to date, and individual leaders have run even harder. But the chatter on trading desks, and on Reddit, has shifted from euphoria to anxiety in a matter of days. What's particularly notable is that history has seen this movie before, and it usually ends with another leg higher rather than a top.

The Sizzle, Quantified

Start with the anchor everyone is staring at. NVIDIA (NASDAQ:NVDA) carries a market capitalization north of $5.3 trillion and trades around $226.57 after a roughly 80% one-year run. AMD (NASDAQ:AMD) has skyrocketed roughly 109% year to date and roughly 315% over the past year. Intel (NASDAQ:INTC), long the laggard, has piled on a roughly 227% YTD gain. Equipment supplier ASML (NASDAQ:ASML) is up roughly 43%, and Qualcomm (NASDAQ:QCOM) has tacked on roughly 24%.

The cooling worry is real. B200 Blackwell GPU rental prices fell roughly 30% over a weekend. NVDA sentiment swung from 72 bullish to 22 bearish inside 24 hours. QCOM sentiment has fallen from 82 very bullish in early May to 25 bearish by May 13. The technology-packed Nasdaq Composite isn't priced for hesitation, and traders know it.

The analyst who called NVIDIA in 2010 just named his top 10 stocks and AMD wasn't one of them.Get them here FREE.

The Long Memory: Cooling Periods That Preceded New Highs

Here is where history does the heavy lifting. NVIDIA has lived through this pattern at least three times.

In early 2017, after a vicious crypto-related rally, NVIDIA stalled. The adjusted close drifted from 2.69 in January 2017 to 2.57 by April before the stock vaulted to 3.57 by June and kept compounding for years. The cooling proved to be a temporary pause inside a longer uptrend.

In 2019, trade-war jitters knocked the shares around for months. NVIDIA closed May 2019 at an adjusted 3.37. By December 2019 it had recovered to 5.86, setting the table for the 2020 to 2021 surge that minted a new generation of believers.

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Then came 2022. Fed hikes and an inventory glut dragged NVIDIA from an adjusted close of 24.44 in January to 12.12 by September. Investors who white-knuckled through that cooling period watched the stock become the defining trade of the decade. Each prior cooling phase was loud in the moment and quiet in the rearview.

The Fundamentals Keep Heating Up

The underlying numbers point to a still-expanding cycle. NVIDIA's Q4 fiscal 2026 revenue was $68.13 billion, up 73.2% year over year, with Data Center networking exploding 263%. Management guided Q1 to roughly $78.0 billion in revenue, excluding any China compute. Jensen Huang told the Street, "Computing demand is growing exponentially, the agentic AI inflection point has arrived."

AMD's Q1 2026 told the same story: $10.25 billion in revenue, Data Center up 57% year over year, with Q2 guidance of roughly $11.2 billion, implying 46% growth. Lisa Su called Data Center "the primary driver". Intel's foundry just doled out $5.42 billion in Q1 revenue, up 16% year over year, after being selected as host CPU for NVIDIA's DGX Rubin NVL8 systems. ASML lifted its FY2026 guide to $42.47B to $47.19B on a year-end backlog of $45.06 billion, with CEO Christophe Fouquet noting "Demand for chips is outpacing supply."

The Valuation Gut Check

NVIDIA trades at a trailing P/E of 45 and a forward P/E of 27, which sits well below typical bubble-top territory. AMD is the stretched one, sitting at a trailing P/E of 154 and a forward P/E of 65, with a PEG of 1.1 that anchors the valuation to growth. Qualcomm trades at a more pedestrian P/E near 40 with a $20 billion repurchase authorization behind it. You should consider trimming if you believe GPU rental prices signal a true demand reset. You should consider holding, or adding on weakness, if you believe hyperscaler capex commitments tell the truer story.

Those commitments are concrete. NVIDIA disclosed $95.2 billion in total supply commitments and $27.0 billion in multi-year cloud agreements. AMD's partnership with Meta spans up to 6 gigawatts of Instinct GPUs, and OpenAI has signed up for another 10 gigawatts of NVIDIA capacity. Long term, Wall Street still heads higher in the decades to come when the underlying demand curve looks like this.

The verdict: every cooling period in semis since 2016 has been a pause inside a longer uptrend. Today's anxiety, on B200 rental rates, on Intel's P/E debate, on QCOM's AI relevance, is the same anxiety that showed up in 2017, 2019, and 2022. Patient investors got paid each time. I'm keeping an eye on these stocks with that long memory firmly intact.

The analyst who called NVIDIA in 2010 just named his top 10 AI stocks

This analyst's 2025 picks are up 106% on average. He just named his top 10 stocks to buy in 2026. Get them here FREE.

Original Article on Source

Source: "AOL Money"

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Source: Money

Published: May 13, 2026 at 09:18PM on Source: PRIME TIME

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Wall Street Is Worried About a ‘Sizzling’ Semiconductor Trade. History Says Cooling Periods Like This Set Up the Next Leg Higher

Wall Street Is Worried About a ‘Sizzling’ Semiconductor Trade. History Says Cooling Periods Like This Set Up the Next Leg Hi...

 

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