Goldman Sachs Desk Sees 2027 as Possible Semiconductor Peak

Goldman Sachs’ Delta One desk sees 2027 as a possible peak for semiconductors. The desk described anxiety about capital spending as “extremely high.” The Philadelphia Semiconductor Index (SOX) traded at about 12.16x forward earnings as semiconductor valuations fell to levels not seen in years. The desk framed a 2027 peak as a possibility, not a certainty. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost