Kenanga Research believes that the semiconductor industry will stay resilient with the global sales continuing to show healthy momentum.
PETALING JAYA: A strengthening ringgit, a weak first quarter, and past strong gains in 2014 and 2015 make semiconductor stocks easy unwinding targets for investors, said Maybank Investment Research.
It has warned of further volatility for semiconductor and technology stocks, as they are perceived to be net US dollar exporters.
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