Asset Management: Investors may have misjudged the situation and the chip stock was oversold

ON 23 JULY, IN THE PAST FEW WEEKS, THE CHIP SHARES OF MOODY AND AMERICAN LIGHT TECHNOLOGY FELL FROM BEING THE LARGEST AI WINNER ON WALL STREET TO BEING THE WORST DOWN. BUT BELET, THE WORLD ' S LARGEST ASSET-MANAGEMENT COMPANY, BELIEVES THAT INVESTORS MAY HAVE MISJUDGED THE SITUATION. BELED STATED THAT THE RECENT SHARP SALES OF TECHNOLOGY AND SEMICONDUCTOR STOCKS WERE “OVERREACTING” AND WARNED THAT THE MARKET WAS CONFLATING “THE TRANSFORMATION OF THE AI COMPETITION PATTERN” WITH “AI INVESTMENT COLLAPSE”. BELED STATED THAT STRONG ECONOMIC GROWTH AND SUSTAINED PROFIT EXPANSION HAD ALLOWED IT TO CONTINUE ITS “SUPER-COMPARABLE” POSITION AND RECOMMENDED THAT INVESTORS FOCUS ON AI BOTTLENECKS SUCH AS ELECTRICITY, CHIPS AND DATA CENTRES。