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Nomura Asset Management: Storage market supply and demand concerns and profit-taking lead to declines in chip stocks

Nomura Asset Management: Storage market supply and demand concerns and profit-taking lead to declines in chip stocks

格隆汇格隆汇2026/07/06 03:13
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```htmlGolden Ten Data July 6|Nomura Asset Management Chief Strategist Hideyuki Ishiguro stated in a report that global chip-related stocks are under pressure due to concerns about the supply and demand situation in the storage market and profit-taking from leveraged ETFs. In a July 6 report, Ishiguro wrote, "There are worries that the rise of Chinese storage chip manufacturers may worsen the storage market situation, and adjustments in holdings of Korea-listed leveraged semiconductor ETFs triggering profit-taking are the reasons behind the decline in chip stocks." In the short term, stock prices are driven by supply and demand as well as investor sentiment. However, he added, chip manufacturing companies still have upward momentum stemming from AI-related earnings growth and expanding free cash flow.```
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