Hedge funds sharply increased their purchases of U.S. semiconductor stocks last week, according to data cited by BlockBeats from Goldman Sachs. The buying marked the biggest accumulation in nearly three and a half years and came right after the sector logged its largest two-week selloff since June 2024. The move pushed semiconductor stocks to 10% of total hedge fund exposure, double the level seen a year earlier. Even so, that figure remains below the 14% peak recorded in May. The positioning suggests hedge funds are betting that the semiconductor selloff has run its course.
Hedge funds have been buying U.S. semiconductor stocks in size, according to Goldman Sachs data cited by BlockBeats on July 14.
Last week marked the biggest hedge fund buying in the sector in nearly three and a half years. The move followed the largest two-week selloff in semiconductor stocks since June 2024.
Semiconductor stocks now account for 10% of total hedge fund exposure, double the level from the same period last year, though still below the 14% peak reached in May. The positioning points to a bet that the selloff in semiconductor shares may be over.
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