---
title: "Consumption has declined, and the semiconductor sector immediately rallied.This basically confirms w"
description: "Consumption has declined, and the semiconductor sector immediately rallied.This basically confirms what I mentioned in last week's short review (https://longportapp.com/zh-CN/topics/25164480): funds a"
type: "topic"
locale: "en"
url: "https://longbridge.com/en/topics/25287440.md"
published_at: "2024-11-11T03:48:52.000Z"
author: "[Dolphin Research](https://longbridge.com/en/news/dolphin.md)"
---

# Consumption has declined, and the semiconductor sector immediately rallied.This basically confirms w

Consumption has declined, and the semiconductor sector immediately rallied.

This basically confirms what I mentioned in last week's short review (https://longportapp.com/zh-CN/topics/25164480): funds are gradually moving out of dividend stocks, and the market rotation will shift between consumption and tech sectors.

A key reason for the tech rally is a piece of news over the weekend: the U.S. Congress is stirring up trouble again, asking semiconductor equipment manufacturers like Lam Research, Applied Materials, Tokyo Electron, and ASML to provide sales data related to Chinese clients.

Will a new round of confrontation begin? But the momentum of China's semiconductor equipment sector must rise first!$SMIC(00981.HK) $ICBCCS CNI Semiconductor Chips ETF(159665.SZ) $Semiconductors(20245.HK)

### Related Stocks

- [688981.CN - SMIC](https://longbridge.com/en/quote/688981.CN.md)
- [00981.HK - SMIC](https://longbridge.com/en/quote/00981.HK.md)
- [CP00062.US - Semiconductor](https://longbridge.com/en/quote/CP00062.US.md)
- [ASML.US - ASML](https://longbridge.com/en/quote/ASML.US.md)

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.