---
title: "Equity specialist talks semiconductor stock sell-off"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294548586.md"
description: "Thomas Hayes, chairman of Great Hill Capital, highlights his successful June prediction to sell semiconductor stocks due to overvaluation and cyclical risks. Citing significant drops in Sandisk, Marvell Technology, and Taiwan Semiconductor, he anticipates further pain for the tech sector into fall. Hayes advises investors to offload 'shiny objects' and seek undervalued assets."
datetime: "2026-07-31T19:28:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294548586.md)
  - [en](https://longbridge.com/en/news/294548586.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294548586.md)
---

# Equity specialist talks semiconductor stock sell-off

Thomas Hayes, chairman of Great Hill Capital, details his successful June 2026 prediction to sell semiconductor stocks, highlighting their overvaluation and cyclical business model. He presents data showing significant drops in Sandisk, Marvell Technology, and Taiwan Semiconductor. Hayes anticipates more pain for the tech sector into the fall, suggesting investors offload "shiny objects" and seek undervalued assets.

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## Related News & Research

- [Opal Capital LLC Increases Stake in Taiwan Semiconductor Manufacturing Company Ltd. $TSM](https://longbridge.com/en/news/294190302.md)
- [Here’s How Much You Would Have Made Owning Invesco PHLX Semiconductor ETF Stock In The Last 5 Years](https://longbridge.com/en/news/294562109.md)
- [Is Marvell Technology (MRVL) Overvalued Following Its $250 Million India Investment?](https://longbridge.com/en/news/294405968.md)
- [Marvell Stock Has Been Cut in Half. Its Biggest Fear May No Longer Be Valid.](https://longbridge.com/en/news/294531632.md)
- [Marvell Technology, Inc. $MRVL Shares Sold by Janus Henderson Group PLC](https://longbridge.com/en/news/294492176.md)