Investors are still not too confident on the earnings outlook at technology companies. Rising oil prices will increase concern that interest rates will keep on rising, which will hurt demand in the U.S.
More Quotes from Jeon Woo:
Technology companies remain attractive and demand for their products, especially memory chips, looks robust.Jeon Woo
The outlook for the semiconductor industry this year remains positive and demand for memory chips will be sustained.
Jeon Woo
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