Semiconductor ETFs Strengthen on Potential Broadcom, Qualcomm Deal

Markets ETF Trends

Semiconductor stocks and sector-related ETFs continued to strengthen Monday, pushing the broader technology segment to new intraday highs, as traders jumped on a potential $130-billion deal in the chip sector. The iShares PHLX Semiconductor ETF (NasdaqGM: SOXX) rose 0.9% and the VanEck Vectors Semiconductor ETF (NYSEArca: SMH) gained 0.7% on Monday. More risk-tolerant traders betting [...]Click to read more at ETFtrends.com.

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