Semi revenue growth has peaked. Stocks as well.

TechnologySemiconductorsStock ValuationNvidiaBroadcomTSMCSK Hynix
Written By Nicolas Baratte

2/3rd of Semiconductor revenues are slowing down into 2H24 (AI, PC, Server, Smartphone)

The recovering segments (Industrial, Networking, Auto) are too small to change the overall trajectory

The Semi sector is still expensive – valuations charts are borderline scary

Nicolas Baratte
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