Semiconductor index ETF experiences significant decline since the Covid-19 outbreak, with cautious outlook from ARM influencing the situation.
In the US stock market on the first of the month, the Philadelphia Semiconductor Index (SOX Index), consisting of major semiconductor-related stocks, dropped by 7.1%.
The SOX Index's daily decline is the largest since the start of the COVID-19 pandemic in March 2020.
Due to the cautious performance outlook of the UK's leading semiconductor design company Arm, concerns have arisen that it may take longer than previously expected for the investments of IT giants in the field of artificial intelligence (AI) to bear fruit, leading to a 16% drop in the company's stock.
The SOX Index's daily decline is the largest since the start of the COVID-19 pandemic in March 2020.
Due to the cautious performance outlook of the UK's leading semiconductor design company Arm, concerns have arisen that it may take longer than previously expected for the investments of IT giants in the field of artificial intelligence (AI) to bear fruit, leading to a 16% drop in the company's stock.
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kiyo1112 : S is too great.
codeOZ(家長) : Support for 35 may have been noticed at least once, but it was easily surpassed, and there's nothing we can do about it anymore. But the fact that you can make a full refund means you still have plenty of money to spare, so when it goes down, you buy it when it goes up, sell it, and if you don't even misunderstand the median price, it's ridiculous.
sonobe : Since L35 dollars were split at the beginning of August, plans are being made every time it breaks to $30 to $25. It's a long time until the election, so it's scary that there might be a $20 split![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")