Nomura Securities team: It is too early to assert that chip stocks have peaked

```htmlGolden Ten Data reported on July 1 that the Nomura Securities team stated it is premature to say that chip stocks have peaked. They believe the momentum for chip stocks will continue for two reasons: first, the ultra-large-scale data center operators, who must go big or go home, will still be unable to stop investing by 2027, partly due to the rising costs of storage chips; second, data center construction plans are accelerating. The team said the recent pullback in chip prices is "healthy," but also warned that the market has not yet priced in some risks and shortages that could emerge in the future.```