Semiconductor ETFs Retreat as Broadcom Warning Paints a Bleak Outlook
June 14, 2019 at 15:23 PM EDT
Semiconductor sector exchange traded funds were among the worst performers on Friday, with Broadcom (NasdaqGS: AVGO) dragging on the segment after the chipmaker painted a dismal outlook that suggested more troubles ahead for an already ailing industry. The iShares PHLX Semiconductor ETF (NasdaqGM:...
