Latest news with #iSharesSemiconductor
Mint
03-07-2025
- Business
- Mint
Nvidia, chip stocks have soared. What to do with them now.
Semiconductor stocks appear to still be in a bull market. Some are worth sticking with, while others are worth avoiding. The iShares Semiconductor exchange-traded fund is up 12% this year, outperforming the S&P 500's almost 6% gain. Like many areas of the market, 'the Soxx," as it is commonly called, has more than recovered the losses it suffered in April, when President Donald Trump unveiled heavy tariffs, only to roll some of them back, at least temporarily. Chip stocks have tended to outperform when the market rises. Many are increasing their earnings faster than the S&P 500's aggregate profits. Several make artificial intelligence chips, which remain in growing demand from tech companies building data centers. The growth of AI spending is only a few years old, and likely has many more years before the industry reaches maturity. That means that as long as the market believes the economy will continue to grow, that inflation and interest rates won't jump and disrupt the expansion, companies will keep investing in AI. The corollary of that is continued gains for chip shares. Investors' optimism can be seen in the fact that the Soxx reclaimed its 50-day moving average in early June, and has since jumped above it. The fund is now at $242, while its 50-day moving average is $211. The price is on a long-term uptrend over the past several years, even though it tends to see a brief pullback when it moves too far above that average. 'I see the distance versus the 50-day moving average as confirmation of [up] trend," says John Kolovos, Macro Risk Advisors' chief technical strategist. He expects the Soxx to move above $300 in less than a year. Those gains, though, are likely to come from select stocks. A few that are especially well-positioned to maintain their gains are Nvidia, Broadcom, and Taiwan Semiconductor. Nvidia, up 14% this year and hitting records, may be obvious, but isn't to be ignored. It is the dominant player making general-purpose AI chips for the likes of Microsoft, Meta Platforms, and other Big Tech customers. Analysts expect Nvidia to see $93.9 billion of sales this year, according to FactSet, with over $173 billion coming from the data-center market, representing 58% year over year growth. While the growth will slow down in 2026, it is expected to remain in the double digits annually for the five years after 2025. Nvidia's total revenue is expected to grow 16% annually over that span. This will spur high earnings growth. Even though gross margins are forecast to dip partly because other AI chip suppliers are pressuring prices, operating costs won't balloon enough to disrupt the earnings picture. Earnings per share are expected to grow 17% annually over the coming five years. Broadcom is another one to own. The stock is up 16% this year and has hit new highs. It's another dominant player in AI chips, with a growing portion of its $65 billion in expected sales this year coming from data-center customers. Earnings per share are expected to grow 25% annually for the coming three years. Taiwan Semiconductor has seen its stock gain 16% this year. With $31.7 billion of sales expected this year, it has most of the market for the components it sells to chip makers such as Nvidia and others. As chip demand goes, so goes Taiwan Semi's demand, so it benefits from the data-center growth trend. Analyst sees EPS growing 29% annually for the next three years. 'I feel much better about it because it's a bet on semiconductor demand," said Lukas Tomicki, portfolio manager at LRT Capital Management. He prefers to avoid Advanced Micro Devices. The stock's 15% rally this year has been less about the strength of its own business and more about broader enthusiasm investors have for owning AI chip stocks, he noted. For many quarters, while its AI business has been exploding, it has disappointed the market's expectations. The market needs proof its chips can one day be almost as effective as Nvidia's in order for it to remain richly valued and be seen as a company that can sustain high growth for a long time. Until then, the stock is vulnerable to the type of underperformance versus the rest of the AI chip universe it has seen for over a year. Its rally 'is frankly just an industry thing," said Tomicki. 'I have zero interest in trying to figure out AMD." But the chip business at large is in a solid position. Stick with the consistent winners. Write to Jacob Sonenshine at
Yahoo
14-05-2025
- Business
- Yahoo
SPY Gains $2.1B as the Market Goes Green for the Year
The SPDR S&P 500 ETF Trust (SPY) pulled in $2.1 billion, increasing its assets under management to $598.8 billion, according to data provided by FactSet. This inflow came as the S&P 500 rose 0.7% on Tuesday, wiping out its year-to-date losses. The Vanguard S&P 500 ETF (VOO) attracted $1.3 billion while the FT Vest U.S. Equity Buffer Fund - May (FMAY) added $768.8 million. The iShares Semiconductor ETF (SOXX) gained $353.6 million as Nvidia Corp. (NVDA) jumped 5.6% on news it would send 18,000 AI chips to Saudi Arabia, lifting other chip stocks like Broadcom Inc. (AVGO) and Advanced Micro Devices Inc. (AMD). On the outflow side, the Vanguard Long-Term Corporate Bond ETF (VCLT) saw redemptions of $935.9 million. The Direxion Daily Semiconductor Bull 3x Shares (SOXL) experienced outflows of $409.7 million, while the iShares Russell 1000 Value ETF (IWD) lost $406.3 million. U.S. equity led asset classes with inflows of $5.9 billion as the Nasdaq climbed 1.6%, while commodities ETFs experienced outflows of $445.6 million. Overall, ETFs gained $6.6 billion in net inflows as markets built on Monday's momentum following easing U.S.-China trade tensions and softer-than-expected inflation data that showed CPI increased 2.3% year over year in April. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPY SPDR S&P 500 ETF Trust 2,127.18 598,833.68 0.36% VOO Vanguard S&P 500 ETF 1,249.68 643,362.09 0.19% FMAY FT Vest U.S. Equity Buffer Fund - May 768.76 1,623.47 47.35% TLT iShares 20+ Year Treasury Bond ETF 560.21 47,299.35 1.18% IVV iShares Core S&P 500 ETF 409.90 582,621.08 0.07% SOXX iShares Semiconductor ETF 353.61 12,397.25 2.85% SOXS Direxion Daily Semiconductor Bear 3x Shares 341.25 1,057.40 32.27% USHY iShares Broad USD High Yield Corporate Bond ETF 314.57 22,066.12 1.43% XLV Health Care Select Sector SPDR Fund 285.44 35,702.28 0.80% IWM iShares Russell 2000 ETF 280.42 63,064.21 0.44% Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change VCLT Vanguard Long-Term Corporate Bond ETF -935.94 10,659.91 -8.78% SOXL Direxion Daily Semiconductor Bull 3x Shares -409.72 11,803.69 -3.47% IWD iShares Russell 1000 Value ETF -406.33 61,507.20 -0.66% SGOV iShares 0-3 Month Treasury Bond ETF -346.66 46,492.71 -0.75% GLD SPDR Gold Shares -268.41 97,403.55 -0.28% VTEB Vanguard Tax-Exempt Bond ETF -207.95 35,566.76 -0.58% HYG iShares iBoxx $ High Yield Corporate Bond ETF -205.62 14,796.88 -1.39% IJR iShares Core S&P Small Cap ETF -204.23 78,671.64 -0.26% GMAY FT Vest U.S. Equity Moderate Buffer ETF - May -198.73 221.23 -89.83% IWF iShares Russell 1000 Growth ETF -195.41 103,783.81 -0.19% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives 3.67 9,800.47 0.04% Asset Allocation -8.75 24,282.15 -0.04% Commodities ETFs -445.55 207,482.39 -0.21% Currency 7.99 134,670.81 0.01% International Equity 849.66 1,738,980.08 0.05% International Fixed Income 444.40 283,358.81 0.16% Inverse 417.82 15,454.67 2.70% Leveraged -163.77 119,024.15 -0.14% US Equity 5,880.74 6,685,175.67 0.09% US Fixed Income -361.59 1,643,702.52 -0.02% Total: 6,624.62 10,861,931.73 0.06% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved 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
14-05-2025
- Business
- Yahoo
SPY Gains $2.1B as the Market Goes Green for the Year
The SPDR S&P 500 ETF Trust (SPY) pulled in $2.1 billion, increasing its assets under management to $598.8 billion, according to data provided by FactSet. This inflow came as the S&P 500 rose 0.7% on Tuesday, wiping out its year-to-date losses. The Vanguard S&P 500 ETF (VOO) attracted $1.3 billion while the FT Vest U.S. Equity Buffer Fund - May (FMAY) added $768.8 million. The iShares Semiconductor ETF (SOXX) gained $353.6 million as Nvidia Corp. (NVDA) jumped 5.6% on news it would send 18,000 AI chips to Saudi Arabia, lifting other chip stocks like Broadcom Inc. (AVGO) and Advanced Micro Devices Inc. (AMD). On the outflow side, the Vanguard Long-Term Corporate Bond ETF (VCLT) saw redemptions of $935.9 million. The Direxion Daily Semiconductor Bull 3x Shares (SOXL) experienced outflows of $409.7 million, while the iShares Russell 1000 Value ETF (IWD) lost $406.3 million. U.S. equity led asset classes with inflows of $5.9 billion as the Nasdaq climbed 1.6%, while commodities ETFs experienced outflows of $445.6 million. Overall, ETFs gained $6.6 billion in net inflows as markets built on Monday's momentum following easing U.S.-China trade tensions and softer-than-expected inflation data that showed CPI increased 2.3% year over year in April. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPY SPDR S&P 500 ETF Trust 2,127.18 598,833.68 0.36% VOO Vanguard S&P 500 ETF 1,249.68 643,362.09 0.19% FMAY FT Vest U.S. Equity Buffer Fund - May 768.76 1,623.47 47.35% TLT iShares 20+ Year Treasury Bond ETF 560.21 47,299.35 1.18% IVV iShares Core S&P 500 ETF 409.90 582,621.08 0.07% SOXX iShares Semiconductor ETF 353.61 12,397.25 2.85% SOXS Direxion Daily Semiconductor Bear 3x Shares 341.25 1,057.40 32.27% USHY iShares Broad USD High Yield Corporate Bond ETF 314.57 22,066.12 1.43% XLV Health Care Select Sector SPDR Fund 285.44 35,702.28 0.80% IWM iShares Russell 2000 ETF 280.42 63,064.21 0.44% Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change VCLT Vanguard Long-Term Corporate Bond ETF -935.94 10,659.91 -8.78% SOXL Direxion Daily Semiconductor Bull 3x Shares -409.72 11,803.69 -3.47% IWD iShares Russell 1000 Value ETF -406.33 61,507.20 -0.66% SGOV iShares 0-3 Month Treasury Bond ETF -346.66 46,492.71 -0.75% GLD SPDR Gold Shares -268.41 97,403.55 -0.28% VTEB Vanguard Tax-Exempt Bond ETF -207.95 35,566.76 -0.58% HYG iShares iBoxx $ High Yield Corporate Bond ETF -205.62 14,796.88 -1.39% IJR iShares Core S&P Small Cap ETF -204.23 78,671.64 -0.26% GMAY FT Vest U.S. Equity Moderate Buffer ETF - May -198.73 221.23 -89.83% IWF iShares Russell 1000 Growth ETF -195.41 103,783.81 -0.19% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives 3.67 9,800.47 0.04% Asset Allocation -8.75 24,282.15 -0.04% Commodities ETFs -445.55 207,482.39 -0.21% Currency 7.99 134,670.81 0.01% International Equity 849.66 1,738,980.08 0.05% International Fixed Income 444.40 283,358.81 0.16% Inverse 417.82 15,454.67 2.70% Leveraged -163.77 119,024.15 -0.14% US Equity 5,880.74 6,685,175.67 0.09% US Fixed Income -361.59 1,643,702.52 -0.02% Total: 6,624.62 10,861,931.73 0.06% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved
USA Today
16-04-2025
- Business
- USA Today
Stocks open lower as White House restricts semiconductor exports, earnings season rolls on
Stocks open lower as White House restricts semiconductor exports, earnings season rolls on Show Caption Hide Caption Senator Van Hollen travels to El Salvador for Abrego Garcia "We are going to keep fighting." Senator Van Hollen of Maryland left for El Salvador to push for Kilmar Abrego Garcia's release. Stocks fell after the opening bell Wednesday as investors grappled with another twist in the ongoing U.S. trade war. The Dow 30 Industrials shed 156 points, 0.4%, to open near 40,369, while the broad S&P 500 was off 0.2%, or 9 points, near 5,397. The tech-heavy Nasdaq Composite Index was little changed, near 16,823. Shares of behemoth chipmaker Nvidia tumbled nearly 6%. The company on Tuesday night announced that the U.S. government was limiting exports of one of its chips to China. The 10-year U.S. Treasury note was little changed at 4.32%, down more than 20 basis points from its level last week, when a sharp sell-off rattled markets. Bond yields rise as prices fall, and vice versa. Gold tacked on another 2.5% to push above $3,300. The precious metal is now up more than 27% in the year so far. Corporate news Shares of Abbott Labs gained 4.5% after the healthcare products company reported results before the bell. Earnings slightly topped analyst expectations, but revenue missed. Semiconductor stocks sank: the iShares Semiconductor ETF, which tracks those stocks, was off nearly 4%. Economic news More: Imports to US remained at near record levels in February as tariff fears persisted Industrial production, or manufacturing and mining activity, rose by 0.7% in February 2025, the third consecutive month of increases and topping analyst expectations of a 0.2% rise. Retail sales rose 1.4% in March, the strongest monthly gain since January 2023, the government said, as shoppers hurried to get ahead of fresh tariff announcements. Federal Reserve Chair Jerome Powell is due to talk about the economic outlook in the afternoon.
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
