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Agency: South Korea’s situation may provide a window for investment in the semiconductor industry
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2024-12-04 05:02 6,995
Golden Finance reports that Jason Hsu, founder of Reliance Global Consulting, believes that the current political situation in South Korea has created an opportunity to buy key companies in the semiconductor supply chain at low prices. These companies will still benefit from trends such as artificial intelligence and supply. The chain is turning to diversification initiatives to benefit from the long-term bull market in the chip industry. "None of this has anything to do with the political situation," Hsu said, blaming the situation on a president who has lost support. Derrick Irwin, co-head of emerging market equities at Allspring, had a similar view, saying: "This appears to have more to do with South Korea's domestic and internal politics than with the business environment. Although unusual, this is not the first time South Korea has declared martial law. ”
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