Semiconductors Down On Analyst Revisions, Huawei Woes
This article was originally published on ETFTrends.com.
Semiconductor ETFs were hit on Wednesday after slumps in related semiconductor stocks including LAM research, Applied Materials, Micron, Teradyne, and Qualcomm. In May, the sector was down more than 15%, its worst monthly performance since 2008. The VanEck Vectors Semiconductor ETF (SMH) was down 1.98%, the SPDR S&P Semiconductor ETF (XSD) down 1.79% and Invesco Dynamic Semiconductors ETF (PSI) [...]