Applied Materials has outperformed the broader markets over the past year, and Wall Street analysts remain cautiously optimistic about the stock’s outlook.
Intel suffered its largest-ever quarterly loss amid cooling demand for its chips used in personal computers. However, the world's largest chipmaker beat both the top and bottom lines.
The semiconductor stocks and ETFs have been rising ahead of Q1 earnings on growing optimism that a sales downturn in the industry has reached its lowest point due to a surge in artificial intelligence...
Semiconductor stocks just recorded their best quarter since 2020.
Smart Beta ETF report for FTXL
Sector ETF report for FTXL
Mixed quarterly results from well-known players slowed down the rally in the sector lately.
Intel missed estimates for both earnings and revenues and offered a weak outlook for 2023, citing cooling demand for its chips used in personal computers.
The Philadelphia Semiconductor Index gained more than 30% from a two-year low in mid-October, outperforming the tech-heavy Nasdaq 100 Index, which added about 10% in the same period.
First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 138 exchange-traded fund(s) (each a “Fund,” collectively, the “Funds”) advised by FTA.