The semiconductor industry has managed to remain strong amid the coronavirus crisis as increasing inclination toward digitization is supporting the rising demand for semiconductor chips.
The price of Bitcoin has been going through the roof lately. It took less than a month to cross the difference of $20,000 in value.
The ISM Manufacturing PMI for the United States rose to 60.7 in December 2020 from 57.5 in November and beat forecasts of 56.6.
A bitcoin ETF could finally see the day of the light in 2021 as VanEck recently filed an application with the SEC and the cryptocurrency is also gaining precedence.
The price of Bitcoin crossed the $20,000-mark for the first time on Dec 16 and is currently trading above $21,000.
The global semiconductor industry is in a sweet spot now and may soar further in 2021 on the back of the solid expected growth in memory and optoelectronics.
The Institute for Supply Management (ISM) said on Dec 1 that its index of national factory activity rose to a reading of 57.5 last month from 59.3 in October (which had been the highest since November...
The price of bitcoin hit a new all-time high on Nov 30, helped by institutional buying.
Retail sales in the United States gained 0.3% sequentially in October 2020, following a downwardly revised 1.6% gain in September.
Impressive results of the chipmakers have pushed semiconductor ETFs higher over the past month.
Sector ETF report for XSD
Sector ETF report for PSI
The Institute for Supply Management (ISM) said on Nov 2 that its index of national factory activity rose to a reading of 59.3 last month from 55.4 in September.
Marvell Technology has agreed to acquire Inphi for $10 billion in a cash-and-stock deal. It marks the second acquisition in the semiconductor space this week.
Intel has now had two consecutive earnings reports where its future prospects have deteriorated. The company is projecting a 14% loss of revenue and a 25% decline in data center revenue. It's likely that...
The Zacks Analyst Blog Highlights: BLCN, BLOK, LEGR, SOXX and SMH
The concept of digital currency is becoming popular of late on growing viability of cryptocurrencies from the corporations and central banks.
Although Intel is likely to post an earnings decline, its stock might see an upturn given that the stay-at-home trend has bolstered the demand for gaming chips and data center business.
As soon as the COVID-19 hit the globe, social distancing mandates and fears that notes may be carriers of the virus made the concept of digital currency popular.
The semiconductor corner of the broad tech space has been an investor favorite lately on the stay-at-home trend and ahead of Q3 earnings.