The SPDR S&P Semiconductor ETF (XSD) is down 8% over the past month but up 52% over the past year, reflecting a clash between strong AI-driven demand and near-term supply constraints. XSD's equal-weight approach spreads risk across 43 semiconductor companies, balancing high-growth AI plays with struggling firms like Intel, which currently drags the fund due to foundry losses. The key factor for XSD's future is the pace of AI infrastructure spending by hyperscalers like Amazon and Microsoft, which boosts memory and logic chip demand. However, supply bottlenecks and macroeconomic uncertainties could dampen growth, while Intel's turnaround in foundry operations could significantly impact the fund's performance.
Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...
Micron Technology announced that its executives will participate in the KeyBanc Capital Markets Technology Leadership Forum on August 10, 2026, in Deer Valley, Utah. The event presentation will be webcast live and available for replay on Micron's Inv...
REX Shares has filed for the REX AI Chipmaking ETF, targeting the booming $1.3 trillion AI infrastructure sector. The fund tracks the VettaFi AI Chipmaking Index, focusing on companies involved in wafer fabrication equipment, advanced packaging, and ...
The Direxion Daily Semiconductor Bear 3X Shares (SOXS) surged about 11% amid a selloff in memory chip stocks led by Micron Technology and SK Hynix, which fell 8% and 11% respectively. This drop was triggered by Chinese DRAM maker CXMT's large IPO pla...
AI-related hardware and chip stocks, including Dell, Micron, and SanDisk, experienced a significant selloff following news that Meta Platforms plans to lease surplus AI capacity. This raised concerns about potential overbuilding of data center infras...
