Investment
Features
FeesSafety
Academy
More
Pluang+

Semiconductor stocks surge, breaking multi-month consolidation to hit highest levels since June.

Market News
24 Sep 2026
Seeking Alpha
View Source
Bullish
Semiconductor stocks surge, breaking multi-month consolidation to hit highest levels since June.

The semiconductor industry recently broke out of a multi-month consolidation phase, with the iShares Semiconductor ETF reaching its highest close since early June. This surge was notable as the ETF moved from being oversold to extremely overbought in just four trading sessions, reflecting strong market interest. The broader market gains have been driven by heavyweight sectors like semiconductors, signaling potential momentum in this industry. Investors should watch for continued volatility as the sector adjusts to this rapid price movement.

SOXX (iShares Semiconductor ETF) trades at USD 563.14 on Pluang as of Sep 24, 2026 12:02 WIB, down 1.68% in one day. The ETF's market cap is $48.45 billion with a volume of 6,140,117 shares. Typical holding time on Pluang is 44 days, with balanced order activity at 50% sell and 50% buy.

More News (SOXX)

Michael Burry expands bearish bets on Micron, Palantir, and semiconductor stocks amid AI boom doubts

Michael Burry expands bearish bets on Micron, Palantir, and semiconductor stocks amid AI boom doubts

Investor Michael Burry has increased his short positions in Micron Technology, Palantir, Nebius Group, and the iShares Semiconductor ETF, expressing skepticism about the sustainability of the current AI and semiconductor market boom. He highlights co...

Market News
Bearish
17 hours ago
Michael Burry shorts Palantir, Nebius, and Micron amid memory supply concerns; Palantir rises despite his bet.

Michael Burry shorts Palantir, Nebius, and Micron amid memory supply concerns; Palantir rises despite his bet.

Investor Michael Burry disclosed short positions in Palantir, Nebius, and Micron, citing concerns over an oversupplied memory market and its impact on semiconductor stocks. Despite Burry's short on Palantir, its shares rose 2%, while Nebius and Micro...

Market News
Bearish
18 hours ago
Michael Burry boosts shorts on AI and semiconductor stocks, adds longs in consumer and industrial sectors.

Michael Burry boosts shorts on AI and semiconductor stocks, adds longs in consumer and industrial sectors.

Investor Michael Burry has increased his bearish bets on AI and semiconductor stocks like Micron and Palantir, citing concerns over inflated valuations due to anticipated supply easing from increased chip production, especially in China. Simultaneous...

Market News
Neutral
21 hours ago
iShares Semiconductor ETF (SOXX) rated Buy near $533, driven by strong earnings growth prospects.

iShares Semiconductor ETF (SOXX) rated Buy near $533, driven by strong earnings growth prospects.

The iShares Semiconductor ETF (SOXX) is rated a Buy at around $533 per share, based on expectations of continued strong earnings growth in the semiconductor industry rather than relying on price-to-earnings (P/E) multiple expansion. The analyst's con...

Analyst Insights
Bullish
1 day ago
AI market shifts from hardware hoarding to efficient software and capital use, favoring AI software ETFs like IGV.

AI market shifts from hardware hoarding to efficient software and capital use, favoring AI software ETFs like IGV.

The AI market is moving away from excessive hardware accumulation toward a phase focused on agentic inference and capital efficiency. This transition benefits AI application software and capital-efficient companies, making AI software ETFs like IGV a...

Analyst Insights
Bullish
4 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App