Bank of America Says Semiconductor Fund Exposure Shifts Toward Memory
Bank of America’s August Equity Strategy data shows broader fund exposure to semiconductor stocks, with Nvidia still the most widely owned at 82% and Broadcom also ranking among leaders. AMD reached 51% ownership and Micron climbed to 50% after a 608 basis-point monthly increase. Memory stocks and semiconductor equipment saw the biggest ownership gains, while consumer exposure declined and active-fund semiconductor weighting rose to 1.15 times.