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Stock impact report

Nvidia and Broadcom Helped Propel This ETF 18% Higher in a Single Day. Here's Why It's Still a Buy Now. [Yahoo! Finance]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: Yahoo! Finance
One of the largest semiconductor exchange-traded funds (ETFs) by net assets is the iShares Semiconductor ETF (NASDAQ: SOXX) . The fund surged 19% on Wednesday, fueled by huge gains in top holdings like Nvidia and Broadcom , as the market skyrocketed in hopes that trade tensions could ease. Here's why the ETF stands out as a solid buy for folks looking for chip companies to invest in artificial intelligence (AI) and growing global connectivity. The iShares Semiconductor ETF is a textbook example of why a fund can hold dozens of stocks but still be highly volatile if it is tied to one theme. As mentioned, the fund surged on Wednesday. Before that, it fell 4% on Tuesday; was up 2% on Monday, fell 7.5% on April 2; and dropped 10% on April 3. When the dust had settled, the fund was down 3% in those five days, showcasing the extent of the sell-off in chip stocks before Wednesday's monster rally. When equity prices are swinging this wildly to the upside and the downside, it can be d Show less Read more
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