Semiconductor Stocks Fall 8% This Week, 17% This Month as UBS Maintains Bullish 2026-2027 Outlook

UBS-1.41%
According to UBS on July 17, semiconductor stocks posted declines this week amid broader market concerns, with the Philadelphia Semiconductor Index (SOX) falling 8% this week and 17% this month. However, UBS forecasts earnings growth for SOX companies to reach 92% this year and an additional 40% next year, citing supply shortages despite strong demand for computing power driven by AI investments.
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