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AVGO - Semiconductors Winners And Losers - A Modified Huawei Ban Could Create Divergence
Broadcom Inc.
Semiconductors have done extremely well in 2019. If we look at the iShares PHLX Semiconductor ETF (SOXX), an ETF devoted to semiconductor stocks, then we can say that it's up by 32% YTD. However, the ride has not exactly been a smooth one. There have been major bumps along the way, especially in May when the U.S. government imposed sanctions on China's Huawei.
Since semis have done well in the first half of 2019, investors may be wondering if there is more to come or if there is something that could spoil the