Hedge funds are heavily buying U.S. semiconductor stocks, betting on the end of the semiconductor selloff

BlockBeats News, July 14th, according to Goldman Sachs data, hedge funds are heavily buying U.S. semiconductor stocks. Last week, hedge funds bought the most U.S. semiconductor stocks in nearly 3 and a half years. This came after two weeks of the largest scale sell-off since June 2024.

Therefore, semiconductor stocks now account for 10% of hedge funds' total exposure. This proportion is double compared to the same period last year. However, this ratio is still below the peak of 14% recorded in May. Hedge funds' bet on semiconductor sell-off has ended.