📊 The FOMC story for semiconductors is bigger than rates.
After the June 2022 hawkish surprise, the SOX Index went on to rally over the following months as markets looked beyond the initial shock.
This time, the key questions are,
• Does the Fed hint at a peak in tightening?
• Can AI infrastructure spending keep supporting chip demand?
I’m keeping an eye on the semiconductor sector through BingX TradFi. 👀
#FOMC #Semiconductors
$XRP
After the June 2022 hawkish surprise, the SOX Index went on to rally over the following months as markets looked beyond the initial shock.
This time, the key questions are,
• Does the Fed hint at a peak in tightening?
• Can AI infrastructure spending keep supporting chip demand?
I’m keeping an eye on the semiconductor sector through BingX TradFi. 👀
#FOMC #Semiconductors
$XRP
