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SOXQ - Global Electronics Industry Faces Continuing Supply Disruptions
Invesco PHLX Semiconductor ETF
The latest IHS Markit Global Electronics Purchasing Managers' Index (PMI) for June was strongly expansionary, boosted by buoyant demand in key markets.
The strong rebound in world consumer markets, notably in the US, China and Western Europe, is continuing to drive growth in demand for electronics.
The impact of the pandemic has accelerated the pace of digital transformation due to the global shift to working remotely.