Citi: Don't panic about the sharp decline in chip stocks, now is a good time to buy.
Citibank pointed out that although there has been a sharp decline in US chip stocks, this is mainly due to macroeconomic factors and high expectations. Semiconductors markets are still bullish, mainly because the demand for AI and storage markets remains strong. It is expected that DRAM prices will increase by 62% YoY in 2024, and Micron's performance guidance may be revised upward.
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Express News | Shares of Semiconductor and Chip Stocks Are Trading Higher Amid an Overall Market Rebound After Softer-than-expected Jobless Claims Possibly Alleviated Some US Economic Concerns
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IDC: The global semiconductor market for autos will exceed 88 billion US dollars by 2027.
IDC predicts that the global automotive semiconductor market will exceed $88 billion by 2027. As the value of single-car semiconductors continues to grow, the attention and importance of semiconductor companies in the automobile industry chain will further increase.
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Zamm : The news isn't tell the overall pictures. How about the Middle East factors? Do they wasn't knock US door? There a many hidden story, yet chip, AI & tech sector to be blame.
vicky1979 : Buying opportunity
72609771 : Can I invest china stock via moomoo?
EZ_money : FUD
EZ_money 72609771 : yeah
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