According to CNBC, the Philadelphia Semiconductor Index fell 8% weekly and 17% monthly, the Roundhill Storage ETF fell 17% weekly, and the VanEck Semiconductor ETF fell 7%. UBS expects the Philadelphia Semiconductor Index's constituent stocks to see a 92% increase in profits this year and a 40% increase in 2027. Ulrike Hoffmann Burchardi, Global Head of Stocks at UBS, stated that the demand for computing power is higher than the available supply, and supply chain capacity constraints are difficult to alleviate in the short term. He continues to be optimistic about the semiconductor industry. Barclays' trading department stated that there are no signs of panic in semiconductor trading, and recent selling has been a passive reduction in positions. WSTS data shows that the global semiconductor market is expected to grow by 90% in 2026, 27% in 2027, and 119% year-on-year in May industry sales. Maximilian Uleer, a strategist at Deutsche Bank, expressed concerns about the industry outlook and its high weight in the market. Wells Fargo's Ohsung Kwon pointed out that the semiconductor market sentiment has experienced one of the most dramatic declines in history over the past four weeks.
