JPMorgan Chase: Increased volatility in the semiconductor sector may trigger passive reduction of positions under VaR mechanism

The strategy team of JPMorgan warns that the sharp fluctuations in the semiconductor sector pose a risk of tantrums in the market, forcing investors to passively reduce their positions. The team led by Nikolaos Panigirtzoglou pointed out that the increase in volatility of chip stocks may trigger VaR shock scenarios, forcing investors to reduce their exposure and triggering chain selling pressure. （Bloomberg）