Nasdaq has dropped 7% in two weeks as the tech selloff picks up steam

The Nasdaq Composite has dropped 7.1% in two weeks as the tech selloff picks up steam. The tech-focused index is now trading below its 50-day moving average for the first time since early May. Wednesday's 3.6% drop in the Nasdaq is the worst single day performance for the index since July 11.

Semiconductor Supply Chain Q3 2024 Outlook: Multispeed Recovery

Asia's AI Chip Trade Growth Continues To Boom

Here's What to Expect From Advanced Micro Devices' Next Earnings Report

Advanced Micro Devices, Inc. Is expected to release its fiscal Q2 earnings results after the market closes on Tuesday, Jul. 30. The company is a leading semiconductor company specializing in high-performance and adaptive processor technologies. Advanced Micro Devices surged 38.6% over the past 52 weeks. Analysts' consensus view on AMD stock is bullish.

Weekly Report: what happened at XSD last week (0715-0719)?

Nasdaq set for its worst week in 3-months, see how some names have performed

Friday's ETF Movers: IHI, XSD

AI Chip Stocks Nvidia, AMD, Taiwan Semi Saw A Selloff This Week - What's Going On?

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) reported a net profit of $7.6 billion for the June quarter. Former President Donald Trump questioned the U.S. Obligation to defend Taiwan. The key AI chip supplier's stock lost over 6% so far this week.

Here's What to Expect From ON Semiconductor's Next Earnings Report

ON Semiconductor Corporation (ON) is a leading manufacturer in the semiconductor industry. The company is expected to release its fiscal Q2 earnings results before the market opens on Monday, Jul. 29. ON has dropped 27.7% over the past 52 weeks. ON provides a range of intelligent sensing and power solutions for automotive, industrial, and mobile markets.

Nasdaq plunges 2.3% and is on pace for its worst trading day of 2024

Nasdaq plunges 2.3% and is on pace for its worst trading day of 2024. The growth oriented Nasdaq Composite (COMP:IND) is down 2.35% in the early part of Wednesday's trading session. The index has pulled down the more growth-oriented sectors of the S&P 500 such as Info Tech and Consumer Discretionary.

Analysts Are All-in on Nvidia's Biggest AI Chip Rival

Advanced Micro Devices (AMD) is a formidable challenger to Nvidia in the artificial intelligence chip market. The chip giant is expanding its presence in the AI chip market with acquisitions. AMD is getting bullish nods from analysts and is expected to keep rising. The company recently unveiled the MI325X AI accelerator to challenge Nvidia's dominance.

Sector Update: Tech Stocks Decline Premarket Wednesday

XSD: Its Modified Equal-Weight Strategy Has Become A Competitive Advantage

Sector Update: Tech Stocks Advance Premarket Tuesday

Sector Update: Tech Stocks Flat to Higher Premarket Monday

Weekly Report: what happened at XSD last week (0708-0712)?

Sector Update: Tech Stocks Mixed Premarket Wednesday

This Semiconductor Stock Under $50 Is an AI Winner, Says JPMorgan

Amkor Technology, Inc. (AMKR) is a leader in semiconductor packaging and test services. The company is well-positioned to capitalize on the rise of artificial intelligence. The chip packaging market is projected to hit $76.2 billion by 2032. Amkor has outperformed the broader market by 50% over the past 52 weeks.

Weekly Report: what happened at XSD last week (0701-0705)?

Is SPDR S&P Semiconductor ETF (XSD) a Strong ETF Right Now?