News & Insights

Decoding semiconductor volatility

June 22, 2026

Time to Read: 5:47 mins

Semiconductor sector volatility remains high as investors weigh surging memory growth against questions over durability and valuation. Walter Scott’s Murdo MacLean breaks down what’s going on.

Key points:

AI and semiconductor shares have entered a new phase of growth.
High bandwidth memory demand is driving sharp gains across memory-related stocks.
Many chip stocks have rallied strongly, with some valuations reaching rare territory.
Recent market weakness highlights ongoing volatility and sustainability concerns.
Walter Scott focuses on durable, established semiconductor businesses.

3454759 Exp: 18 September 2026

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