Performance – Semiconductors vs. S&P 500 The relative outperformance of semiconductor stocks compared to the S&P 500 has surged to its highest level since March 2000, indicating a bullish momentum that bodes well for the broader market. Image: BofA Global Investment Strategy
ISM Manufacturing Index vs. Semiconductors Semiconductors are discounting a substantial rise in the U.S. ISM Manufacturing PMI, which suggests a robust expansion in manufacturing activity and overall economic growth. Image: BofA Global Investment Strategy
Stocks – Global Semiconductor and Semiconductor Equipment Should investors expect global semiconductor stocks continue to fall? Image: BCA Research
Global Semiconductor Stocks Will global semiconductor stocks keep falling? Image: BCA Research
SOX Semiconductor Index vs. ISM New Orders The SOX Semiconductor Index tends to track the ISM New Orders Index closely. Image: BofA Global Investment Strategy
Markets Suffering From Semiconductor Shortage How long will the semiconductor shortage last? Image: Morgan Stanley Wealth Management
Stocks – Philadelphia Semiconductor Index (SOX) Can semiconductor stocks continue to soar this year? Image: Financial Times
China Imports of Semiconductor Manufacturing Equipment by Country China is a net importer of semiconductors and depends heavily on manufacturers from the U.S. and its allies. Image: Gavekal, Macrobond
Semiconductors – Integrated Circuits vs. Crude Oil Are semiconductors the new oil? Image: TS Lombard
Semiconductor Prices and ISM Manufacturing Index Chart suggesting that the surge in semiconductor prices implies ISM Manufacturing Index above 55 in the next 3-months. Image: BofA Merrill Lynch Global Research
Global Semiconductor Sales vs. MSCI World EPS Growth Chart suggesting that global semiconductor sales may have bottomed. That’s good news for global EPS growth. Image: Jeroen Blokland