Asian technology stocks don't stop falling - Morgan S recommends profit determination
2024/7/22 14:38 JST (some excerpts)
The change in leadership in the Asian market historically preceded the initial US interest rate cut - Morgan S
TSMC and Tokyo Electron fall off the “focus list”
Asian technology stocks also fell on the 22nd, and if they continue as they are, it will be the biggest decline since the beginning of the novel coronavirus pandemic (global pandemic) on a 4-business day basis. A Morgan Stanley strategist recommended investors determine profits from the artificial intelligence (AI) boom.
The change in leadership in the Asian market historically preceded the initial US interest rate cut - Morgan S
TSMC and Tokyo Electron fall off the “focus list”
Asian technology stocks also fell on the 22nd, and if they continue as they are, it will be the biggest decline since the beginning of the novel coronavirus pandemic (global pandemic) on a 4-business day basis. A Morgan Stanley strategist recommended investors determine profits from the artificial intelligence (AI) boom.
Since last week, the sustainability of AI trade and the United StatesRestrictions on semiconductor exports to ChinaExploring the possibilities of enhancementsconcernsis spreading. The Bloomberg Asia-Pacific Semiconductor Index temporarily fell 3% on the 22nd, and if it continues as it is, it will be drastically lower since 2020/3 in 4 business days.
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