BAC says chip stocks won't peak until mid-2026
$Bank of America(BAC.US$ It was pointed out that since there is a high possibility that the momentum of artificial intelligence will peak in mid-2026, the bull market for semiconductors will continue.
Since AI enthusiasm has overtaken the market, the SOX index, which tracks semiconductors, has overtaken the benchmark index and has already risen 26% since the beginning of the year. Compared to the S&P 500, it is said that it is traded at a premium of 4 to 5 times.
Of course, there is a possibility that it will fall due to immediate triggers such as the US election or monetary policy, but there are good reasons to remain bullish, analysts wrote on Monday.
This is because the chip industry often rises for 10 quarters after experiencing a downcycle, and this pattern has only just begun.
“The current upcycle began in late '23. However, since chip stocks (SOX) change direction 6-9 months before the cycle changes, there is a possibility that semiconductors will peak in the second half of '25, that is, 1 year or more from now.”
Furthermore, after last year's inventory adjustments in this sector, annual sales are expected to accelerate to double-digit growth in 2025.
For investors,Cloud Computing and AutomobilesBank of America has stated that the sector also deserves attention.
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蜜蜂株 : No fluctuation stability
There is not much room for profit![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Potential stocks!
182438287 : Maybe the time when the media says that it will continue to rise doesn't feel like it's on the ceiling?
兆り人 182438287 : That's right, just when the swarm came, OK!
Those who ride those waves well are experts.