Max Chen / ETF Trends
Microchip Technology Earnings Beat, Positive Guidance Lifts Semiconductor ETFs – Microchip Technology (NasdaqGS: MCHP) jumped Tuesday, lifting semiconductor sector-related exchange traded funds, after the leading provider of smart, connected, and secure embedded control solutions beat Wall Street estimates and provided positive guidance for the quarter ahead. On Tuesday, the iShares PHLX Semiconductor ETF (NasdaqGS: SOXX) increased 2.4% and theVanEck Vectors …
