Woofun AI reports that global semiconductor equities have suffered a sharp decline, with analysts asserting that the price drop exceeds what fundamentals justify. Lee Jaeman of Hana Financial Investment stated that the recent plunge appears excessive even when accounting for cyclical industry concerns. He identified the financial reports from major U.S. cloud providers, beginning in late July, as the likely catalyst for a rebound. Lee projected that aggregate capital expenditure growth for Alphabet, Microsoft, Meta, and Amazon will rise from 80% in Q1 2026 to 83% in Q2 and 92% in Q3. He further noted that sustained investment demand could allow semiconductor firms to maintain high operating profit margins.