Semiconductor Stocks Break 120-Day Moving Average… Advised to Reduce Exposure

He recommended that investors with high semiconductor stock exposure must prepare a response scenario. This advice does not mean indiscriminate selling, but rather avoiding concentrated investment in a single stock.

Leading artificial intelligence (AI) industry companies such as Anthropic and OpenAI are potentially adjusting regulations and capital expenditures (CAPEX). This move is interpreted as a strategy to block market entry for latecomers and to buy time for the monetization of AI technology. Deputy Head Lee Jae-kyu predicted that if the growth rate of the AI industry slows down, the explosive increase in memory semiconductor sales could weaken.

This is considered a significant signal in technical analysis that could lead to further declines.

This change in outlook indicates increased market uncertainty.

Concerns have been raised that the Federal Open Market Committee (FOMC)'s interest rate decision might diverge from market reactions. Deputy Head Lee Jae-kyu pointed out that if rates are frozen, the market is likely to harbor doubts about a December rate hike. He analyzed that if an atmosphere forms where the market takes a December rate hike for granted, the market could actually worsen. This suggests that a rate freeze is not necessarily a positive signal and could instead increase uncertainty about future policy directions.