AmInvestment Bank Research said the increased demand for semiconductor is partly contributed by the adoption of fifth generation (5G) smartphones and increased investment in expanding 5G infrastructure globally.
Other positive catalysts included the emerging demand for electric vehicles and autonomous driving with more interest in new technologies such as silicon carbide and gallium nitride as well as growth in smart sensors.
In addition, the adoption of Industry 4.0 technologies such as big data, automation, and internet of things or IoT to build a more resilient supply chain has spurred the demand for semiconductors.
“We keep our “neutral” outlook on the technology sector as we believe that the multi-year growth riding on positive prospects has been fairly valued, ” said AmInvestment Bank Research.
The fourish of EV, AI, 5G, automation just in a beginning step, tech bloom will at least last for 5 years. Vitrox posted a favorable 1Q result is one of the trends and will be followed by other tech counters as well. Happy trading.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
trustmenojoke
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Posted by trustmenojoke > 2021-03-23 17:03 | Report Abuse
good closing. lai liao lai liao.