Big Tech Capex Expansion in August Could Reverse Semiconductor Stock Sentiment, Analyst Says

According to researcher Go Young-min from Daol Investment Securities, Big Tech companies' data center investment competition is expected to continue. On July 22, he noted that if major tech firms' earnings reports in late July and August confirm expanded capex plans, semiconductor stock sentiment could reverse. Google is set to report earnings on July 23, followed by other major Big Tech firms this month.
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