Guotai Asset Management flags oversold semiconductor equipment sector, urges wait for stabilization signal
SOXX•Guotai sees oversold setup but says to wait for stabilization
Guotai Asset Management flagged a near-term “oversold rebound” setup in China’s semiconductor equipment sector, urging investors to wait for a clear stabilization signal.
- It said the sector remains under trading pressure, citing steep declines in South Korea’s Kospi and Japan’s Nikkei 225 of more than 4%.
- Guotai described recent chatter about delayed memory capacity expansion as unsubstantiated market noise.
- It kept a constructive medium- to long-term view, pointing to AI-driven advanced-node expansion and tighter memory supply as key capex catalysts.
- Guotai noted its quantitative model shows the sector is oversold but has not yet generated a right-side buy signal, warning of residual downside risk.
