Semiconductor Sector Falls 8% This Week, UBS and Barclays Maintain Bullish Outlook
By: www.cnbc.com|2026/07/19 04:20:45
0
Share
Prefer us on Google
This week, the semiconductor sector experienced a significant decline, with the Philadelphia Semiconductor Index dropping 8% for the week and 17% for the month, potentially ending a three-month streak of gains. The Roundhill Storage ETF (DRAM) fell 17% this week, while the VanEck Semiconductor ETF decreased by 7%. UBS forecasts that the earnings of the Philadelphia Semiconductor Index constituents will grow by 92% this year, with an additional 40% growth expected by 2027. Ulrike Hoffmann-Burchardi, UBS's global equity head, stated that demand for computing power remains higher than available supply, and supply chain capacity constraints are unlikely to ease significantly in the short term, thus maintaining a positive outlook for the semiconductor industry. Barclays' trading department noted that there are currently no signs of panic in semiconductor trading, with recent selling appearing more like passive deleveraging rather than a full-scale withdrawal by investors. WSTS data indicates that the global semiconductor market is expected to grow by 90% by 2026, followed by a further 27% increase in 2027; industry sales saw a year-on-year growth of 106% in April, accelerating to 119% in May. However, Deutsche Bank strategist Maximilian Uleer expressed concerns about the industry's outlook and its high weighting in the market. Wells Fargo's Ohsung Kwon pointed out that semiconductor market sentiment has experienced one of the most severe declines in history over the past four weeks.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Analyst supports bearish views on Bitcoin by McGlone
Goldman Sachs Bullish on Changxin: Will Doubling Production in Four Years Cover Half of China's DRAM Demand?
10-Year Government Bond Yield Falls by 2.4bp, 3-Year Yield Rises by 0.2bp
On the morning of the 24th, government bond yields varied by maturity. Foreign investors net bought 3-year and 10-year government bond futures, leading to a bullish trend, but the winning yield in the 5-year bond auction widened.
Jiang Zhuoer Bets on Ethereum, Predicts ETH Will Outperform BTC
US Stocks Hit Record Highs as Institutions Increase Bullish Options
JPMorgan Analyzes AI Hardware Costs, Memory Shortage May Last Until 2028
Bitwise Targets Bitcoin at $1.3 Million, Driven by Institutions
Bitwise aims for a Bitcoin price of $1.3 million by 2035. Matt Hougan bets on institutions managing up to $200 trillion in assets.
CME Hedge Funds Shift to Net Long in Bitcoin Futures, Institutional Investors Bullish on Bitcoin
Michael Saylor Predicts Bitcoin at $13 Million by 2045
Michael Saylor sees Bitcoin at $13 million per BTC by 2045, potentially even $49 million in his best scenario. Yet, his own company, Strategy, is currently selling Bitcoin instead of buying more. What needs to happen to make this prediction come true? The assumptions behind Michael Saylor's Bitcoin ...
XRP ETF inflows exceed 1.51 billion as market optimism rises
Gold Surges 4.2% in a Single Day! Breaks Key Resistance Level as Bullish Signals Illuminate
Who is Hoarding Bitcoin? A Look at the Bitcoin Holdings of the Top Ten Public Companies
Crypto-style derivatives reach AI compute ahead of planned CME and ICE futures: Bernstein
Glassnode: Bitcoin Options Market Rebuilds Bullish Exposure
Analyst: The FOMC may trigger a bearish market, and Bitcoin needs to hold the $64,000 support to maintain a bullish structure
Bitcoin has fallen below $65,000, approaching a key short-term support level ahead of the Federal Reserve's interest rate decision announcement. The Federal Reserve will announce its interest rate decision at 2 AM Beijing time on June 18, which is the main catalyst for volatility this week. This FOM...
Bittensor co-founder: Bitcoin's computing power exceeds the total of the world's top 100 supercomputers by 600,000 times
According to CoinDesk, Bittensor co-founder Ala Shaabana stated at the Proof of Talk summit in Paris that Bitcoin's computing power exceeds that of the top 100 supercomputers in the world combined by 600,000 times, demonstrating the scale of distributed computing.Shaabana pointed out that true compu...
Santiment: The Bitcoin long-short ratio surged to 2.23, reaching a new high for the year, which may indicate a short-term correction
The crypto sentiment platform Santiment published an analysis stating that the ratio of positive to negative comments about Ethereum has shifted from a strong FOMO sentiment in late April to a clear FUD sentiment now. Harvard University completely liquidated its $87 million Ethereum ETF one quarter ...
Bank of America: Maintains a 12-month target price for gold at $6,000 per ounce, under pressure in the short term but the bullish logic remains unchanged in the medium term
Michael Widmer, Managing Director and Head of Metal Research at Bank of America, stated that gold prices will face pressure in the short term due to a decline in market expectations for U.S. interest rate cuts. However, the bank maintains a bullish outlook on gold and reiterates its forecast for gol...
Analysts warn that Bitcoin may drop to $60,000, with a clear divergence in bullish and bearish views
According to Cointelegraph, cryptocurrency market analyst Michaël van de Poppe stated that Bitcoin has fallen below the key support range of $75,000 to $76,000. If it cannot recover above $76,600, it will be difficult to support expectations for new highs, and the price may drop to the $60,000 range...
Mastercard abandons investment in Zerohash and shifts focus to BVNK for stablecoin payment infrastructure
Mastercard has abandoned its investment plan for the cryptocurrency infrastructure company Zerohash, which had previously agreed in March to acquire the UK stablecoin infrastructure company BVNK for $1.8 billion. Mastercard had considered a strategic investment in Chicago-based Zerohash in January o...
The AI stock god who made 60 times profit bets 7.7 billion dollars on Nvidia reaching its peak
The significance of this quarterly report lies in its transformation of a judgment that previously remained more at the narrative level into a concrete position structure.
Bitcoin rebounds but the options market remains cautious, with only a 25% chance of breaking through $84,000
Bitcoin has returned above $78,000, and overall market risk appetite has rebounded, with the S&P 500 index rising to a record high on Friday. Although Bitcoin has risen 15% in the past 30 days, the options market is pricing in only a 25% chance of Bitcoin rising above $84,000 by the end of May. The ...
Audrey: Recent data makes the shift of some FOMC members to a "hawkish" stance reasonable
According to Jinshi reports, analyst Audrey stated that given the recent strong economic performance and the ongoing inflationary trend caused by rising energy prices, the "clearly hawkish" shift made by some FOMC members is reasonable. She pointed out that from the perspective of the dollar, this i...
Bitcoin failed to break through the resistance level of $80,000, with on-chain indicators showing a mix of bullish momentum and cautious sentiment
Bitcoin fell below $76,000 after failing to break through $80,000, with uncertainties surrounding the reopening of the Strait of Hormuz and the macroeconomic situation unsettling the market.Meanwhile, technical indicators and on-chain data provide mixed signals regarding whether BTC can sustain this...
Dragonfly partner Haseeb: Still optimistic about DeFi, AAVE's bad debt is not a fatal blow
Dragonfly Capital partner Haseeb tweeted that despite recent issues such as bad debts with AAVE, he remains optimistic about the long-term development of DeFi.Haseeb pointed out that the DeFi industry learns and progresses through repeated failures. Whether it was the collapse of Terra, the failed a...
Analyst: Bitcoin funding rates have fallen to their lowest level since 2023, which may indicate that a bottom has formed
CoinDesk analyst James Van Straten stated that the Bitcoin funding rate has fallen to its lowest level since 2023, and historical patterns show that such signals often coincide with market bottoms. According to Glassnode data, the seven-day moving average of the funding rate has dropped to about -0....
A certain giant whale has withdrawn 1,635 BTC from CEX in the past week, amounting to approximately 110 million USD
According to Lookonchain monitoring, the whale wallet 15oD9P withdrew 1,635 BTC (worth $110.7 million) from Bybit, Binance, Bullish.com, and OKX in the past week.
Analyst: Structural bullish factors for gold still exist, and after a sharp drop in gold prices, bottom-fishing funds are coming in
According to Bloomberg, after gold prices experienced the largest sell-off in years, bargain buyers have started to enter the gold market. As of Thursday's close, gold prices had fallen 19% from the closing peak in January, approaching the 20% threshold that traditionally marks the beginning of a be...
Data: 166 BTC transferred to Bullish.com, worth approximately 11.32 million USD
According to Arkham data, at 08:20, 166 BTC (worth approximately 11.32 million USD) were transferred from multiple anonymous addresses to Bullish.com.
Bernstein: Bitcoin has likely bottomed out, maintaining a bullish target price of $150,000 for the year
Research and brokerage firm Bernstein stated that Bitcoin has likely bottomed out and is expected to continue rising, while maintaining its price target of $150,000 by 2026.Despite the stock price dropping 50% from its peak, Strategy (stock code: MSTR) has shown strong resilience, currently holding ...
Analyst supports bearish views on Bitcoin by McGlone
Goldman Sachs Bullish on Changxin: Will Doubling Production in Four Years Cover Half of China's DRAM Demand?
10-Year Government Bond Yield Falls by 2.4bp, 3-Year Yield Rises by 0.2bp
On the morning of the 24th, government bond yields varied by maturity. Foreign investors net bought 3-year and 10-year government bond futures, leading to a bullish trend, but the winning yield in the 5-year bond auction widened.
Jiang Zhuoer Bets on Ethereum, Predicts ETH Will Outperform BTC
US Stocks Hit Record Highs as Institutions Increase Bullish Options
JPMorgan Analyzes AI Hardware Costs, Memory Shortage May Last Until 2028
...
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
