The First Trust Nasdaq Semiconductor ETF (FTXL) has gained 134% over the past year, outperforming the iShares Semiconductor ETF (SOXX) in the current AI-driven cycle. FTXL uses a factor-based model focusing on growth and value within the semiconductor sector, heavily weighted in megacap chipmakers like NVIDIA and Broadcom. However, retirees already owning broad index funds have significant semiconductor exposure, so adding FTXL increases concentration risk and sector volatility. Experts recommend retirees limit FTXL exposure to 3-5% of their portfolio, favoring tax-advantaged accounts like IRAs for holding the fund due to its capital appreciation focus and rebalancing turnover.
Broadcom shares stabilized around $364 after a drop linked to Google's new custom-chip deal with Marvell, which includes a $12.2 billion warrant agreement, signaling a strategic alliance. This move challenges Broadcom's dominance in Google's custom s...
Shares of chip equipment makers like Applied Materials, Lam Research, KLA Corporation, and Teradyne fell 4-5% after concerns arose about the sustainability of AI infrastructure spending. Despite strong year-to-date gains, investors are re-evaluating ...
Stocks declined for a third consecutive session on August 18, driven mainly by weakness in semiconductor stocks, which have been key to the recent market rally. Despite the S&P 500 staying near record highs, concerns over rising Treasury yields, pers...
Shares of major semiconductor foundries like United Microelectronics, Taiwan Semiconductor Manufacturing, and GlobalFoundries fell sharply due to concerns over slowing AI-related capital expenditures. The Wall Street Journal reported that top tech fi...
Intel shares fell 4% alongside other chipmakers like AMD and NVIDIA due to rising Treasury yields pressuring high-growth tech stocks. Despite the pullback, Intel stock is still up 180% year-to-date. Recent quarterly filings revealed NVIDIA holds a ma...
