---
title: "Semiconductor stocks face more downside, but potential remains: Tech contrarians"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295829018.md"
description: "Sara Awad of Tech Contrarians predicts further downside for semiconductor stocks in H2 due to reset expectations and supply-chain dynamics, despite long-term potential. Strong earnings from TSM, ASML, and Samsung failed to boost prices as rallies were already priced in. A contraction in PC/smartphone markets and increased DRAM supply pose risks, particularly for memory stocks. However, AI infrastructure demand for lower-cost compute like ASICs offers opportunities, suggesting investors favor companies with balanced expectations during the correction."
datetime: "2026-08-13T17:18:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295829018.md)
  - [en](https://longbridge.com/en/news/295829018.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295829018.md)
generator: "portal-rs"
---

# Semiconductor stocks face more downside, but potential remains: Tech contrarians

Semiconductor stocks could face further downside in the second half of the year, even as the industry retains significant long-term potential, according to Sara Awad of Tech Contrarians. Awad expects the broader semiconductor sector, including the iShares Semiconductor ETF (SOXX), to see more weakness as elevated expectations and supply-chain dynam...

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