Has the semiconductor market peaked, or is it facing new opportunities? Next week's data will reveal the answer.

Glonhui July 3｜Recently, the South Korean stock market has been quite unsettling, with intense volatility. The core of all this is the news of Meta entering the cloud computing business. Meta, previously a “giant buyer” heavily acquiring artificial intelligence chips, announced that it will transform into a “supplier” directly renting infrastructure, which the market interprets as a signal of over-investment in the AI sector, sparking a wave of panic. Has the era of semiconductors really ended? Or are stock prices simply taking a breather after reaching their limits? Despite famous hedge fund investor Michael Burry’s warnings leading to a stalemate in investor sentiment, actual semiconductor export indicators are at historic highs. Amid market panic and factual data, what should we be focusing on?Is panic selling really the only way to respond to the shock triggered by Meta? This is also why the market eagerly awaits Samsung’s financial report release next week.