FTXL News and Press, First Trust Nasdaq Semiconductor ETF From 12/02/23

2023-12-02 10:30:00 ET Summary Semiconductor supply chain activity is expected to reach an upward inflection point in 2024. Macroeconomic data suggests a continued downturn in demand for electronics equipment and computer chips. Consensus earnings forecasts indicate a recovery...

2023-12-01 10:11:22 ET The global semiconductor market is expected to contract 9.4% in 2023, according to the World Semiconductor Trade Statistics. But 2024 appears to be a bright spot, with the industry body forecasting a robust recovery with growth of 13.1%. More on Intel Inte...

2023-11-16 19:46:33 ET Summary The semiconductor industry has been going through inventory correction since late 2022, but it is closer to the end now. SOXQ has rebounded strongly in 2023, recovering most of its losses from 2022. Semiconductor stocks are riding on several mega...

2023-10-27 04:12:00 ET Summary CHIPS and Science Act passed in 2022 provides $52.7 billion directly for semiconductor research, development, and manufacturing, as well as a 25% tax credit for related capital expenses. State incentive programs have been key to attracting projects t...

2023-10-27 01:45:00 ET Summary We believe that digital transformation is one of the most important and disruptive trends in the world today, and we are committed to researching and investing in the leading public and private companies that are enabling or benefiting from it. We ar...

2023-10-25 23:45:00 ET Summary European indices and US futures were trading higher as yields dipped further lower after the US 10-year could not hold above the key 5% level for long on Monday. Global PMI data has been consistently very poor throughout much of this year, correctly ...

2023-10-21 00:30:00 ET Summary The Transports and the Semis are two groups typically viewed as "leading" indicators for the broader market. While the Transports (Dow Transportation Index) are now up 15.3% compared to the S&P 500's gain of 19.5%, Semis (Philly Sox Index) are st...

2023-10-07 02:14:00 ET Summary In the US, even though inflation has started to decline, the Federal Reserve is struggling to quell rising prices. Stubborn inflation, high interest rates and recession fears have persisted through 2023. The technology-driven market has been extr...

2023-10-07 00:51:00 ET Summary The S&P 500 Index's forward price-to-earnings (P/E) multiple of 18.8 times is 8% greater than the historical median valuation of 17.3 times, and in the 68th percentile relative to history. Both the regular return on equity (ROE) and the intangibl...

2023-09-27 02:45:00 ET Summary The widespread adoption of generative AI (GenAI), exemplified by tools such as ChatGPT, is ushering society into a new era with novel risks and opportunities. The next phase of GenAI’s growth is a shift from training to inference, which could ...