GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF
5124801.0390.00% ( 0.000 )
DBS Raises SMIC TP to HKD96 After 2Q Results Far Exceed Expectations
AASTOCKS News·- DBS reported that SMIC's 2Q revenue reached USD 3.01 billion, up 36% year-on-year, while gross margin significantly beat market expectations at 25.3%. - Management projected 3Q revenue growth of 2% to 4% quarter-on-quarter and guided gross margin to be between 26% and 28%. - Following these results, DBS raised SMIC's earnings forecasts for 2026 to 2028 by 13.4% to 16.5% and lifted its target price to HKD 96.Prescient warns AI-driven chip rally erodes global equity diversification benefits
PUBT·- Prescient analysis reported that the AI-driven chip rally is eroding global equity diversification benefits by increasing cross-border market risks. - By late July 2026, the 60-day Kospi–Nasdaq 100 correlation reached approximately 0.5, alongside high market concentration in top tech firms. - China chip-equipment developments triggered synchronized semiconductor selloffs, while tight investment loops and capital expenditure strains elevate downside contagion risks.The AI Trade Everyone Forgot
ZeroHedge·- Chinese technology has lagged behind U.S. MegaCap Tech during the year. - Improving AI fundamentals, accelerating model development, and depressed valuations narrow this performance gap. - These factors suggest the current valuation disparity may be unjustified for investors.Wonder Boy Blowup Sparks Massive Semiconductor Rally; Kospi Up 18%; Amazon Helps, Apple Disappoints
benzinga_article·- Semiconductors and the broader stock market experienced a massive rally driven by the lifting of forced liquidations and margin calls on momentum crowd accounts, alongside strong earnings from Amazon. - South Korea's sovereign wealth fund injected $13.9 B into AI, helping lift the Kospi index by 18 %, while major tech stocks like Samsung and SK Hynix recorded historic single-day jumps. - Apple shares faced disappointment due to supply constraints and revenue concerns, contrasting with Amazon's robust performance featuring $200.6 B in revenue and strong AWS growth.