Svmuu News: A team at Nomura Securities stated that it is still too early to conclude that chip stocks have peaked. They believe the upward momentum of chip stocks will continue for two reasons: First, hyperscale data center operators—who are in a “go big or go home” situation—will still be unable to halt their investments in 2027, partly due to rising memory chip costs; second, data center construction plans are accelerating.
The team described the recent pullback in chip prices as “healthy,” but cautioned that the market has not yet priced in certain risks and potential shortages that may arise in the future. (Jin Shi)