Hideyuki Ishiguro, chief strategist at Nomura Asset Management, said in a report that global chip-related stocks are under pressure due to concerns about supply and demand conditions in the storage market and profit-taking in leveraged ETFs
Hideyuki Ishiguro, chief strategist at Nomura Asset Management, said in a report that global chip-related stocks are under pressure due to concerns about supply and demand conditions in the storage market and profit-taking in leveraged ETFs. In the short term, stock prices are driven by supply and demand and investor sentiment. But chip manufacturing companies still have upside momentum from artificial intelligence-related earnings growth and expanding free cash flow, and the upward trend in chip stocks is expected to continue in the medium term.