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Credit Suisse bullish on Asia semiconductors despite current supply issues

Credit Suisse remains bullish on the semiconductor sector in Asia, despite tight supplies. The sector has been one of the main driving forces of the outperformance this year of the Asia ex-Japan technology sector, which has surpassed the broader market benchmark by 7.4% YoY. “Given tight supply conditions, consolidated competitive dynamics, and the continued robust corporate earnings growth into 2022,…

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