According to market sources, some seasoned investors believe that South Korean stocks may have further room to decline. Thomas J. Hayes, Chairman and Managing Member of Great Hill Capital, stated that the situation in semiconductors and memory, which has been the most crowded global trading area for both institutions and retail investors, has come to an end. One or more major tech companies, including Meta, are expected to moderately lower their capital expenditure commitments in their second-quarter earnings guidance. In the coming months, the phenomenon of investors 'rushing out' of the semiconductor and memory trading sector will be as intense as the previous 'rush in'.
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Tech Giants to Cut Capital Expenditures as Investors Rush Out
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