Max Chen / ETF Trends
Semiconductor ETFs Try to Shake Off Intel’s Earnings Hit – Intel Corp. (NasdaqGS: INTC) dragged on semiconductor sector-related exchange traded funds after the chipmaker surprised markets with a much worse-than-expected quarterly loss and downwardly revised its full-year outlook. On Friday, the iShares PHLX Semiconductor ETF (NasdaqGS: SOXX) increased 0.7% and the Invesco PHLX Semiconductor ETF (SOXQ) was up 1.0%. Meanwhile, …
