Agar Capital maintains a Sell rating on the iShares Semiconductor ETF (SOXX) due to growing risks from increased Chinese competition and the potential slowdown in AI-related capital expenditures. While China's progress in semiconductor technology is not an immediate threat to key players like ASML, the market is adjusting to the possibility that China could develop a strong domestic semiconductor supply chain over the next decade. Technical analysis of SOXX also shows weakening, with a head-and-shoulders pattern suggesting a potential price drop to $430–$435 unless it rises above $590 to invalidate the pattern.
ProShares Ultra Semiconductors ETF (USD) provides double daily exposure to semiconductor stocks, aiming for aggressive gains but with amplified risk due to leverage and concentration in top holdings like Nvidia (19%). Despite Nvidia's recent strong p...
Over the past year, BlackRock's iShares Semiconductor ETF (SOXX) gained 111.56%, beating VanEck's Semiconductor ETF (SMH) which rose 89.13%, a 22.43-point lead. SOXX also outperformed SMH in shorter time frames and year-to-date returns. However, over...
Options traders are betting on Nvidia reaching an unprecedented $6 trillion market value by the end of October, with about a 50% chance according to options pricing analysis. Nvidia's stock needs to rise roughly 4% from its current valuation, a move ...
