From Nasdaq: 2024-11-13 10:41:00

Semiconductor sector rallies due to AI expansion and new monetary easing. VanEck ETF (SMH), iShares ETF (SOXX), Invesco ETF (SOXQ), First Trust ETF (FTXL), Strive ETF (SHOC) gain in the past month. Earnings reports: Intel (INTC) misses, Texas Instruments (TXN) beats, Lam Research (LRCX) surpasses estimates, Taiwan Semiconductor (TSM) outperforms, AMD beats, Qualcomm (QCOM) surpasses expectations.

ETF summaries: VanEck ETF (SMH) provides exposure to 26 semiconductor companies, $25.4 billion in assets, Zacks ETF Rank #1. iShares ETF (SOXX) follows NYSE Semiconductor Index, $14.4 billion in assets, Zacks ETF Rank #1. Invesco ETF (SOXQ) tracks PHLX Semiconductor Sector Index, $510.2 million in assets, Zacks ETF Rank #1. First Trust ETF (FTXL) offers exposure to U.S. semiconductor securities, $1.4 billion in AUM, Zacks ETF Rank #1. Strive ETF (SHOC) seeks broad market exposure, $81.4 million in assets, Zacks ETF Rank #1.



Read more at Nasdaq: Semiconductor ETFs Look Decent Post Q3 Earnings