Semiconductor stocks are having a difficult month. Higher interest rates are driving technology valuation multiples lower, but there is also additional evidence an anticipated industry rebound might be farther out.
First, there are memory demand trends. Memory chips are important because they are found inside nearly every electronic device. The latest checks suggest no comeback for memory, and the chip industry recovery isn’t here yet. “Overall DRAM demand with large enterprise and cloud customers is still mixed at best,” he wrote. “We believe it may be a little too early to step into the stock, and thus, we choose to stay on the sidelines.”
It was “a mixed bag in August,” he wrote. “Macroeconomic challenges felt in 1H23 [first half 2023] will continue to be felt across semis now well into the 2H.”
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Nvidia, other US chip stocks stall over valuation, industry worriesSome of the shine is wearing off shares of Nvidia and other U.S. semiconductor companies after a stunning 2023 rally, as investors weigh steep valuations, rising Treasury yields and signs of industry unease.
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »
Cramer: Buy stocks now to catch the rally when the Fed ends its tightening cycleHere's what really matters: money can and will be made in this market, despite the headwinds.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »
Japanese stocks fall for third day as Hong Kong stocks dropStocks in the Asia-Pacific region mostly tumbled Thursday, Sept. 21, with shares in Hong Kong declining for the second day and the Japanese market showing a...
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »
Japanese stocks fall for fourth session as Hong Kong stocks gainAsia-Pacific stocks mostly increased Friday, Sept. 22, the Japanese market showing a fourth day of decreases. Hong Kong's Hang Seng Index gained 2.3% to...
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »
Pentagon announces eight microelectronics hubs across US to bolster chip industryThe Department of Defense announced the establishment of eight regional microelectronic hubs on Wednesday in a concerted effort to bolster domestic semiconductor production.
출처: dcexaminer - 🏆 6. / 94 더 많은 것을 읽으십시오 »