• Guotai Asset Management flagged a sharp tech-led rebound, with the semiconductor equipment index up as much as 10% intraday.
• Chip, integrated circuit, communications equipment, and AI-themed indices climbed more than 7% as risk appetite returned.
• AI’s long-term uptrend remains intact; global AI infrastructure spending is accelerating, with 2027 AI capex seen near USD 1.5 trillion.
• Optical modules, PCB supply chains seen in an improving growth phase, pointing to faster expansion next year.
• Model signals showed the sector in oversold territory last Friday; volatility remains high, with a possible retest before another rebound.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guotai Asset Management Co. Ltd. published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.