Semiconductor ETFs Present Buying Opportunities After Correction

In July, the U.S. semiconductor market experienced a sharp decline, plummeting from a high of 14,655.29 points on June 22 to 11,194.60 points on July 17, with a wave amplitude of -23.61%. Domestic semiconductor stocks also fell sharply, with many investors concerned that semiconductor stocks might enter a bear market. However, investment trust companies pointed out that after the four major cloud giants released their latest financial reports, AI capital expenditures continued to increase, indicating robust AI demand and unchanged mid-to-long-term growth trends. The sharp decline in semiconductor stocks in July can be seen as a correction of a stage-high point touching the bottom. Investors are advised to focus on the mid-to-long-term growth potential of AI and use the stock price volatility in August to gradually invest in semiconductor-related ETFs or funds, capturing the relative low points after the stock price discount wave, to welcome the dream-like performance of Taiwan stocks in the fourth quarter.