Investing.com-- Bernstein initiated coverage of Japanese semiconductor stocks with a positive view on the sector, expecting it to benefit from global growth in chip demand and the artificial intelligence industry.
Bernstein said Japan’s semiconductor production equipment sector was strong, especially amid a rush by major world governments to build local production capacity. On Japan’s chipmaking materials and the analog sector, Berenstein maintained a neutral stance, with materials set to face some headwinds from competition and overcapacity. The brokerage rated
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