|Bid||0.000 x 800|
|Ask||0.000 x 1000|
|Day's Range||101.702 - 102.550|
|52 Week Range||84.480 - 114.550|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
Semiconductor stocks’ performance has been weaker in 2018 due to the US-China trade war, the end of the crypto boom, and a decline in memory prices. However, Advanced Micro Devices (AMD) has grown 76% YTD (year-to-date). AMD’s stock outperformed its peers including NVIDIA (NVDA) an Intel (INTC). NVIDIA has risen 21%, while Intel hasn’t changed YTD.
The VanEck Vectors Semiconductor ETF (SMH) is up nearly 8% year-to-date, but that fund and rival semiconductor exchange traded funds have recently faced headwinds. Over the past week, SMH is lower by more than 3% and some market observers believe more downside is in store for chip stocks. There are some risks to consider with semiconductor stocks and ETFs.
According to ETF.com, some of the most-shorted exchange-traded funds (ETFs) focus on spaces as diverse as junk bonds, retailers, natural gas and semiconductors, among other areas. Traders engage in "shorting" when they borrow a security, sell it and then buy it back at a later date and hopefully at a lower price.
Semiconductor ETFs (SMH) continued to outperform the market despite the US-China trade war. According to the SIA (Semiconductor Industry Association), the first half of 2018 was strong for the semiconductor industry. Worldwide semiconductor sales rose over 20% YoY (year-over-year) in H1 2018 despite the fact that the industry reported record sales of $412 billion in H1 2017.
Semiconductor stocks have been some of the top performers in the market over the last two years. This same trend continued in the first half of 2018 with two semiconductor ETFs outperforming the market. The VanEck Vectors Semiconductor ETF (SMH) and the iShares PHLX Semiconductor ETF (SOXX) rose 9.83% and 10.75% YTD, respectively, compared to the SPDR S&P 500 ETF Trust (SPY), which rose 6.72%. The semiconductor ETFs outperformed SPY even in July 2018 when most chip companies released their second-quarter earnings. Thus, the semiconductor growth that began in 2016 is still alive and ...
Shares of Intel Corp slipped 1.4% on Monday due to an analyst downgrade, helping to bring the Dow Jones Industrial Average into the red by over 60 points in the early trading session before the Dow staged a rally to go up over 60 points of 1:00 p.m. ET. ETFs with Intel shares were started on the downside, but are not up-- Direxion Daily Semicondct Bull 3X ETF (SOXL) --up 0.67%, ProShares Ultra Semiconductors (USD) is up 0.07% and VanEck Vectors Semiconductor ETF (SMH) gained 0.13%. The drop in Intel came as a result of Barclays lowering its rating of Intel to equal weight from overweight, citing that the chipmaker needs to evidence that its next generation of chips will outperform those by rival chipmaker AMD.
Semiconductor (SMH) firm Cypress Semiconductor (CY) rose 14.3% in July to close at $17.81. At the end of July, Cypress Semiconductor was trading 42.0% above its 52-week low of $12.50 and 6.6% below its 52-week high of $18.87.
In this series, we’ll look at the top tech movers in July. Semiconductor (SMH) company Advanced Micro Devices (AMD) rose 22.3% in July to close at $18.33 per share. At the end of July, AMD was trading 103.0% above its 52-week low of $9.04 and 9.0% below its 52-week high of $20.18.
While the technology segment was dragging down the rest of the markets, ETF investors were quietly funneling more money into the semiconductor sector despite the sell-off. For example, investors dumped $175 million into the VanEck Vectors Semiconductor ETF (SMH) on Monday, pushing up total inflows into the ETF to $629 million since Thursday and marking the biggest three-day inflow since April, Bloomberg reports. In comparison, the widely observed Invesco QQQ Trust (QQQ) experienced eight days of withdrawals as $3.2 billion was yanked from the ETF.
The PC market has dipped recently, which hurts many semiconductor stocks. However, semiconductors continue to be indispensable in phones, games, cars, military weapons and even home appliances. Also, cloud computing is increasing the number of devices needed to access the cloud.
The semiconductors sector and related exchange traded funds were dragged down by disappointing results out of Intel (NasdaqGS: INTC) as the chipmaker experiences product delays and rising competition. ...
A major earnings beat for Advanced Micro Devices (AMD) sent semiconductor stocks and exchange traded funds rallying Thursday, but some traders used the opportunity to put on some defensive positioning ...
The recent decline in Facebook, Inc. ( FB) shares and the better-than-expected earnings from Amazon.com, Inc. ( AMZN) have put the technology sector into the spotlight over the past several trading sessions. One of the most popular exchange-traded products that is used by retail investors for tracking the performance of technology companies is the Technology Select Sector SPDR Fund ( XLK). As earnings season continues, the dotted trendlines will undoubtedly continue to play a significant role in the placement of orders.
Tariff talk and trade war speculation has affected an array of sectors and industries, including the semiconductor space. The iShares PHLX Semiconductor ETF (SOXX) is lower by nearly 2% over the past month. There are some risks to consider with semiconductor stocks and ETFs.
Chip stocks have plunged almost 6 percent in the last month, and Todd Gordon of TradingAnalysis.com says there’s even more trouble ahead for the group. What troubles Gordon most is he divergence between the SMH ETF, which tracks the semis, and EWY IKO-AU , which tracks the South Korean stock market. In short, Gordon said it's a “sign of coming trouble” because the two had been correlated for years.
Market players were hopeful on Wednesday morning that President Trump might be softening his stance toward trade with China -- but the relief didn't last long. The indices underwent a dramatic reversal which produced some of the worst action since April. Typically, this has been restricted to fight terrorism -- so many think it is overkill to apply the rules to China.
Chip stocks, led by the sector exchange traded fund Market Vectors Semiconductor ETF (NYSE: SMH) is experiencing its worst performance in three years. The Market Vectors Semiconductor ETF includes 25 of the most notable and visible chip stocks and is days away from notching its first negative quarter since the third quarter of 2015.
Semiconductor stocks and the related ETFs were drubbed to start this week amid fears of escalating trade tensions between the U.S. and China. President Donald Trump has pushed for restrictions on trade barriers with China, which might pose a threat to the sector. China is a key market for the global semiconductor industry, consuming more than $100 billion worth of semiconductors or roughly one-third of the world population.
The Treasury Department is working on the rules to block companies with at least 25% Chinese ownership from buying companies involved in “industrially significant technology.” The measures are expected to be announced by the end of this week and are intended to counter Beijing’s Made in China 2025 strategic plan. Under this plan, China wants to become a global leader in 10 broad areas of technology, including information technology, aerospace, electric vehicles and biotechnology.
Once-hot semiconductor stocks, as gauged by the VanEck Vectors Semiconductor ETF ( SMH), are on track to have their worst quarter in three years amid escalating trade tensions with China. The Semiconductor Industry Association has warned that even chipmakers based in the U.S. could feel the brunt of the tariffs due to a globalized supply chain.
The ETF, which houses 25 of the largest U.S.-traded chips stocks, is on track for its first negative quarter since the third quarter of 2015, and according to one technical analyst, it's about to get worst. The SMH ETF has been in sharp decline against the XLK technology XLK ETF since mid-June.
Jul.05 -- Steve Sosnick, Interactive Brokers chief options strategist, discusses his investment strategy with Bloomberg's Abigail Doolittle on "Bloomberg Markets."