After fear, greed resurfaces. Some traders bet on buying Asian technology stocks at low prices
胡胡胡美丽_ss
发表于 2024-9-4 15:43:42
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After fear, greed resurfaces. Some traders are betting on buying Asian technology stocks at low prices. According to reports, after Nvidia's market value evaporated by $279 billion, triggering a wave of chip stock selling, investors and analysts are betting on heavily hit Asian technology stocks. Amid a widespread market downturn, the stock prices of Asian semiconductor and equipment manufacturers such as SK Hynix, TSMC, and Adwan Testing have fallen, bringing a critical moment for investors who have benefited from the sharp rise in chip stocks in the past few years. The VIX index, known as the "fear gauge" of Wall Street, surged on Tuesday, and there are more events this week that could trigger volatility. Including the US employment report to be released on Friday, investors will closely monitor and worry that the US economy may slow down or trigger a chain reaction among Asian chip suppliers.
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