BTIG warns that US semiconductor stocks will face a significant pullback
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Glonghui, May 14th ｜ BTIG analyst Jonathan Krinsky has warned that US semiconductor stocks are about to face a significant pullback. He believes that the recent parabolic surge in technology and AI stocks is likely to swiftly reverse in an "equal and opposite" manner. BTIG’s baseline scenario is clearly on the cautious side, with the semiconductor index potentially falling at least 20% from current levels to test its 50-day moving average.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Ledger implant tests Bitcoin ETFs as safer custodial solutions than hardware wallets
Cointelegraph•2026/10/12 14:15
Germany: AI boom versus growth drag – Deutsche Bank
FXStreet•2026/10/12 14:12
Dow Jones 10:00 AM Averages
Dow Jones•2026/10/12 14:00
Crypto prices
More
Bitcoin
BTC
$82,927.41
-0.13%
Ethereum
ETH
$2,531.76
+1.13%
Tether USDt
USDT
$0.9990
-0.00%
BNB
BNB
$746.51
-0.25%
XRP
XRP
$1.39
-0.81%
USDC
USDC
$0.9999
-0.01%
Solana
SOL
$109.65
+0.21%
TRON
TRX
$0.3310
+0.28%
Zcash
ZEC
$1,281.66
+4.18%
Hyperliquid
HYPE
$84.77
-0.82%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now