Nomura Securities Team: It is still too early to call a top in chip stocks

Odaily Planet Daily News: The Nomura Securities team stated that it is still too early to call a top in chip stocks. They believe the upward momentum for chip stocks will continue for two reasons: first, hyperscale data center operators, who are in a "go big or go home" mode, will still be unable to stop investing through 2027, partly due to rising memory chip costs; second, data center construction plans are accelerating.

The team described the recent price correction in chips as "healthy" but also warned that the market has not yet fully priced in some potential future risks and shortages. (Jin Shi)