Hedge funds are heavily buying US semiconductor stocks, betting on the end of the semiconductor sell-off

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 comes after the largest two-week sell-off since June 2024.

As a result, semiconductor stocks now account for 10% of hedge fund total exposure. This proportion is twice that of the same period last year. However, this proportion is still below the peak of 14% recorded in May. Hedge fund bets on semiconductor sell-off have come to an end.