AMD's stock fell 13.08% after a strong quarterly report, driven by concerns over potential AI regulation from a Democrat-controlled US Congress. This decline impacted chip ETFs like VanEck Semiconductor (SMH) and iShares Semiconductor (SOXX), which hold significant AMD shares, causing broader selloffs in chip stocks. Index funds like Invesco QQQ and Vanguard S&P 500 also felt the ripple due to overlapping holdings in chipmakers. Investors should watch for ongoing policy developments and AMD's aggressive revenue growth outlook for 2027 amid market uncertainties.
As of Nov 05, 2026 23:41 WIB, chip ETFs SMH and SOXX are down sharply on Pluang, falling 7.88% and 8.75% respectively, both trading well below their 52-week highs of $668.91 for SMH and $218.34 for SOXX. In contrast, the broader market ETF VOO declined only 2.97%, staying closer to its 52-week high of $716.17. This shows the chip sector is experiencing a more pronounced selloff compared to the overall market at this time.
Nvidia shares fell 5.23% amid sector-wide selling linked to potential AI regulations after the midterm elections, with no company-specific news. Nvidia is the largest holding in major index funds like the S&P 500 ETF, Nasdaq-100 ETF, and a semiconduc...
Over the past year, the First Trust Nasdaq Semiconductor ETF (FTXL) returned 67.35%, outperforming the popular VanEck Semiconductor ETF (SMH), which returned 44.09%. However, over longer periods like five and ten years, SMH has significantly outperfo...
Hyperscaler capital expenditure is driving strong demand in the semiconductor sector, with market growth expected to reach 27% and hyperscaler spending potentially increasing 29% by 2027. Despite recent fatigue in the market and pullbacks in semicond...
Mike Zaccardi upgrades Direxion Daily Semiconductor Bull 3X ETF (SOXL) to buy, anticipating a rally in AI semiconductor stocks by year-end. SOXL is highly volatile and best for short-term trades due to negative compounding risks. Technical analysis s...
