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NVDL, SOXL And Other Chip ETFs Suffer Major Blow In Premarket Amid Global Market 'Bloodbath'
Monday, August 5, 2024 - 7:27am | 579Chip stocks-linked exchange-traded funds (ETFs) witnessed a substantial decline during Monday’s pre-market trading. What Happened: As per Benzinga Pro, Direxion Daily Semiconductor Bull 3X Shares (NYSE:SOXL) plummeted by 17.93%, while GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) dropped...
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NVDL, SOXL, And Other Chip-Stock Tracking ETFs Are Trading Higher In Premarket Today: Here's Why
Wednesday, July 31, 2024 - 8:15am | 515In a recent development, chip ETFs have experienced a significant upswing as a result of President Biden’s decision to exempt some allies from the new rule governing chip exports to China. This movement also comes on the heels of Advanced Micro Devices, Inc. (NASDAQ:AMD) posting its...
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Shining Semiconductor ETFs
Wednesday, January 11, 2017 - 9:27am | 562Technology, the largest sector weight in the S&P 500, topped the broader market last year with much of that strength attributable to semiconductor stocks. And when discussing strong semiconductor names, the conversation must include NVIDIA Corporation (NASDAQ: NVDA). The Nvidia Push Shares of...