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As one of the world's most important semiconductor powers, South Korea took the lead in releasing PMI data for July. Although exports continued to shrink, the performance was already better than market expectations. Among them, the rise in demand for automotive products and semiconductors slowed down the contraction of trade and achieved a trade surplus for 2 consecutive months
Meanwhile, the index of new export orders rose to 50.2%, breaking out of 16 months of continuous contraction, mainly due to a recovery in demand in the Asia-Pacific and European regions? Samsung, one of the world's technology leaders, recently announced Q2 results. Although revenue and net profit continued to narrow due to the impact of the general environment, performance increased 5% month-on-month, and the chip business also experienced a reversal phenomenon, with revenue rising 7% month-on-month, meaning that the consumer electronics industry is emerging from a sluggish cycle
Coupled with chip giants such as Intel and AMD all delivering performance that exceeded expectations, many investment banks are optimistic about demand growth in the second half of the year and expect the semiconductor industry to be out of the worst situation. With the support of these data, I believe that investors' willingness to hold technology companies will definitely be better than in the first half of the year. In particular, the performance of foreign investors buying back horse stocks seems to be fully prepared for the next rebound
Follow me to take back control of the Malaysian stock market
Meanwhile, the index of new export orders rose to 50.2%, breaking out of 16 months of continuous contraction, mainly due to a recovery in demand in the Asia-Pacific and European regions? Samsung, one of the world's technology leaders, recently announced Q2 results. Although revenue and net profit continued to narrow due to the impact of the general environment, performance increased 5% month-on-month, and the chip business also experienced a reversal phenomenon, with revenue rising 7% month-on-month, meaning that the consumer electronics industry is emerging from a sluggish cycle
Coupled with chip giants such as Intel and AMD all delivering performance that exceeded expectations, many investment banks are optimistic about demand growth in the second half of the year and expect the semiconductor industry to be out of the worst situation. With the support of these data, I believe that investors' willingness to hold technology companies will definitely be better than in the first half of the year. In particular, the performance of foreign investors buying back horse stocks seems to be fully prepared for the next rebound
Follow me to take back control of the Malaysian stock market
Translated
![PMI performance has exceeded expectations, is semiconductor about to get out of the worst?](https://sgsnsimg.moomoo.com/feed_image/102548041/eb6ab7a461493be8aaf09dc967af9cb8.jpg/thumb)
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Hi, mooers.
The weekly earnings calendar is finally here! Don't forget to check it out and see if any of the companies in your portfolio are on the list. We have various companies to focus on, including PLTR, LCID, AMC, RBLX, DIS, and BABA.
As part of our commitment to keeping you informed, the moomoo community will be hosting six live earnings conferences. Book your calendar to gain valuable insights into these companies' earnings performances.
1. $Palantir(PLTR.US$
The weekly earnings calendar is finally here! Don't forget to check it out and see if any of the companies in your portfolio are on the list. We have various companies to focus on, including PLTR, LCID, AMC, RBLX, DIS, and BABA.
As part of our commitment to keeping you informed, the moomoo community will be hosting six live earnings conferences. Book your calendar to gain valuable insights into these companies' earnings performances.
1. $Palantir(PLTR.US$