Hedge funds are heavily buying US semiconductor stocks, betting on the end of the semiconductor sell-off
BlockBeats News, July 14th: According to Goldman Sachs data, hedge funds are heavily buying U.S. semiconductor stocks. Last week, hedge funds bought the most U.S. semiconductor stocks in nearly 3 and a half years. This comes after the largest two-week sell-off since June 2024.
As a result, semiconductor stocks now account for 10% of hedge fund total exposure. This proportion is twice that of the same period last year. However, this proportion is still below the peak of 14% recorded in May. Hedge fund bets on semiconductor sell-off have come to an end.
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.
You may also like
AstraZeneca (AZN.US) invests in Summit (SMMT.US), gaining positive outlooks from JPMorgan and Citi: Cancer drug strategy awaits validation
Analysts from JPMorgan and Citi have welcomed the deal between AstraZeneca and Summit Therapeutics, stating that it aligns with AstraZeneca's cancer strategy.
The United States relaxes fuel standards, significantly reducing technology costs for automakers: General Motors (GM.US) is expected to save 20.4 billion dollars, and the price per vehicle may drop by nearly 1,300 dollars.
The United States has relaxed fuel economy standards, allowing automakers to save $60.6 billions in technology costs by 2031, with the cost per vehicle expected to decrease by $1,289.
Crypto prices
More
