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FTXL - The State And Outlook For Semiconductor Supply Chains In 2024 And Beyond

First Trust Nasdaq Semiconductor ETF

2024-04-01 12:40:00 ET

Summary

  • From a top-down perspective, the demand for semiconductors appears weak with electronic equipment manufacturing being in the doldrums.
  • The S&P Global manufacturing Purchasing Managers' Index shows new orders have been in decline for 18 of the past 19 months.
  • We see some signs of recovery, with the rate of decline falling while new orders for communications equipment are now increasing.

This report is jointly produced with John Abbott, Principal Research Analyst - Applied Infrastructure & DevOps for 451 Research, a part S&P Global Market Intelligence. ...

For further details see:

The State And Outlook For Semiconductor Supply Chains In 2024 And Beyond
Stock Information
Company Name: First Trust Nasdaq Semiconductor ETF
Stock Symbol: FTXL
Market: NASDAQ
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