In a Technical Downtrend, Wall Street Still Bullish on Semiconductors

BlockBeats News, July 21st. Over the past few weeks, the global semiconductor supply chain has experienced a sharp pullback. The PHLX Semiconductor Index once fell over 20% from its high, entering a technical bear market territory; the South Korean KOSPI was dragged down by leading storage companies such as Samsung and SK Hynix, plummeting significantly from its June peak; U