Latest news with #FirstTrustNasdaqSemiconductor
Yahoo
18-06-2025
- Business
- Yahoo
How Is Teradyne's Stock Performance Compared to Other Semiconductor Stocks?
With a market cap of $14.1 billion, Teradyne, Inc. (TER) is a leading U.S.-based technology firm specializing in automated test equipment (ATE) and industrial robotics. Founded in 1960 and headquartered in North Reading, Massachusetts, the company supports high-tech sectors like semiconductor, wireless, storage, industrial, defense aerospace, and automotive with its testing and automation solutions. Companies valued at $10 billion or more are generally labeled as 'large-cap' stocks, and Teradyne fits this criterion perfectly. The company stands as a dominant force in semiconductor test and a rising contender in AI-enhanced robotics. Its technology leadership, market share, innovation focus, and financial stability underscore a strong strategic position. Dear Tesla Stock Fans, Mark Your Calendars for June 22 Trump Is Giving Tesla's Robotaxis a Leg Up Ahead of June 22. Should You Buy TSLA Stock Now? Nvidia Says Quantum Computing Is Nearing an 'Inflection Point.' Here Are the 3 Best Stocks to Buy Now to Profit. Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. However, shares of TER touched its 52-week high of $163.21 on July 16, 2024, and have dwindled 47% from the peak. Shares of TER have dropped 4.2% over the past three months, lagging behind the First Trust Nasdaq Semiconductor ETF's (FTXL) 10.4% returns over the same time frame. TER has fallen 31.4% on a YTD basis, trailing FTXL's 7.9% decline. In addition, shares of Teradyne have dipped nearly 40.3% over the past 52 weeks, compared to FTXL's 11.6% drop over the same time frame. The stock has been trading below its 200-day moving average since late January but has edged above its 50-day moving average since early June. Teradyne delivered Q1 results on Apr. 28, and its stock slipped 2.5% in the following trading session. Revenue rose 14.3% year over year to $685.7 million, driven by solid gains in Semiconductor Test, especially SoC for mobile, coming slightly above the consensus estimate of $683.9 million. Adjusted EPS surged 47.1% from the prior-year quarter to $0.75, beating analyst expectations by nearly 23%. Meanwhile, its top rival, ACM Research, Inc. (ACMR), has outpaced TER. ACMR shares have soared 66.9% on a YTD basis and 6.4% in the last 52 weeks. Despite TER's underperformance over the past year, analysts are moderately optimistic about its prospects. TER has a consensus rating of 'Moderate Buy' from the 15 analysts covering the stock. Its mean price target of $96.86 implies an upside potential of 12.1% from the prevailing price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15-03-2025
- Business
- Yahoo
Semiconductor ETFs Mixed on News of Intel CEO Hire
Semiconductor ETFs ended mixed after chipmaker Intel Corp. (INTC) appointed Lip-Bu Tan as CEO, replacing interim co-CEOs David Zinsner and Michelle Johnston Holthaus. Shares jumped more than 15% in morning trading Thursday and held those gains into the close, boosting some exchange-traded funds with large allocations to the semiconductor maker. FTXL, the First Trust Nasdaq Semiconductor ETF rose more than 2% initially, even as broad-market ETFs slipped, before closing with a gain of 0.8%. The fund allocates nearly 9% of its holdings to Intel—the most of any ETF. Intel is the third-biggest holding in the fund. Wall Street is cheering the move as a sign that the company is ready to make a turnaround and revitalize the business, which has slumped in comparison to its competitors and the broad market. Source: Other ETFs initially benefited from Intel's rise Thursday before falling back. TINY, the ProShares Nanotechnology ETF rose by more than 2% in morning trading before ending slightly in the red, while CHPS, the Xtrackers Semiconductor Select Equity ETF, lost 0.2%. Intel is a top-10 holding in both funds. SOXX, the iShares Semiconductor ETF, and SMH, the VanEck Semiconductor ETF, ended mildly lower after the initial jump as well. Both funds hold less than 4% of Intel. Semiconductors have struggled this year as investors have questioned if aggressive growth from companies like Nvidia Corp. (NVDA) can be maintained. Source: After leading the market for most of last year, semiconductor performance faltered in November as supply and growth concerns weighed down the sector. SMH, the largest semiconductor ETF, has slipped by about 10% so far this year, compared to a 6.4% decline in SPY, the SPDR S&P 500 ETF Trust. But chipmakers like Nvidia have said they expect robust growth as demand for AI and cloud computing remains high. The company gave strong guidance on revenue forecasts for the first quarter during its fourth-quarter earnings report. Last week, President Donald Trump announced a $100 billion investment from Taiwan Semiconductor Manufacturing (TSM) in American chip manufacturing to build five new factories in the U.S. The president has called advancing American semiconductor manufacturing a matter of "national security." Editor's note: This article has been revised with closing stock prices as of March 13, 2025, and other | © Copyright 2025 All rights reserved
Yahoo
13-03-2025
- Business
- Yahoo
Semiconductor ETFs Rise on News of Intel CEO Hire
Semiconductor ETFs rose after chipmaker Intel Corp. (INTC) appointed Lip-Bu Tan as CEO, replacing interim co-CEOs David Zinsner and Michelle Johnston Holthaus. Shares jumped more than 15% in morning trading Thursday, boosting exchange-traded fundswith large allocations to the semiconductor maker. FTXL, the First Trust Nasdaq Semiconductor ETF rose more than 2% initially, even as broad-market ETFs slipped. The fund allocates nearly 9% of its holdings to Intel—the most of any ETF. Intel is the third-biggest holding in the fund. Wall Street is cheering the move as a sign that the company is ready to make a turnaround and revitalize the business, which has slumped in comparison to its competitors and the broad market. Other ETFs benefited from Intel's rise Thursday. TINY, the ProShares Nanotechnology ETF rose by more than 2% in morning trading, while CHPS, the Xtrackers Semiconductor Select Equity ETF, lost 2%. Intel is a top-10 holding in both funds. SOXX, the iShares Semiconductor ETF and SMH, the VanEck Semiconductor ETF were flat in comparison. Both funds hold less than 4% of Intel. Semiconductors have struggled this year as investors have questioned if aggressive growth from companies like Nvidia Corp. (NVDA) could be maintained. After leading the market for most of last year, semiconductor performance faltered in November as supply and growth concerns weighed down the sector. SMH, the largest semiconductor ETF has slipped by nearly 9% so far this year, compared to just under a 5% decline in SPY, the SPDR S&P 500 ETF Trust. But chipmakers like Nvidia have said they expect robust growth as demand for AI and cloud computing remains high. The company gave strong guidance on revenue forecasts for the first quarter during its fourth-quarter earnings report. Last week, President Trump announced a $100 billion investment from Taiwan Semiconductor Manufacturing (TSM) in American chip manufacturing to build five new factories in the U.S. The president has called advancing American semiconductor manufacturing a matter of "national security."Permalink | © Copyright 2025 All rights reserved
