Micron's Raised Earnings Guidance Positively Impacts SOXX ETF Outlook
The iShares Semiconductor ETF (SOXX) is showing a positive earnings outlook driven by Micron Technology’s significant EPS guidance increase of 64%. Other major holdings like AMD, NVDA, and Broadcom also raised their revenue forecasts. However, Qualcomm slightly offset this with a lowered forecast.
Tickers: $AMD $AVGO $MU $NVDA $QCOM $SOXX