Nasdaq Semiconductor Related Updates

Index Performance

• The Nasdaq US Smart Semiconductor Index (NQSSSE) is designed to provide exposure to US companies within the semiconductor sector. It uses a modified factor-weighted methodology based on volatility, value, and growth factors. As of the latest data, the index stands at 5,678.03, with a net change of -87.33 and no percentage change.
• The Nasdaq Global Semiconductor Index (GSOX) measures the performance of the 80 largest semiconductor companies globally. It began on September 29, 2021, with a base value of 1000.00 and currently stands at 1,425.14, with a net change of -3.70 and a -0.26% change.

Market Trends and Drivers

• The semiconductor sector is experiencing significant growth driven by the adoption of artificial intelligence (AI) and the Internet of Things (IoT). AI systems, including machine learning and neural networks, require high-performance chips, which is boosting demand for companies like Nvidia and Qualcomm.
• IoT technology is also driving demand for advanced, energy-efficient chips that can handle high-volume data processing. This trend is expected to continue, benefiting companies that innovate in chip architecture and efficiency.

Key Companies and ETFs

• Nvidia (NVDA) has been a top performer in the semiconductor industry, positioning itself strongly in the AI hardware market. Nvidia's GPUs are crucial for AI applications such as search engines, autonomous vehicles, and advanced robotics.
• Qualcomm (QCOM) remains a leader in mobile chip design and has expanded its focus to automotive and PC markets with its Snapdragon platforms. Qualcomm's chips are enabling generative AI capabilities in premium smartphones and transforming vehicles with advanced connectivity and autonomous driving features.
• For investors looking to gain exposure to the semiconductor sector without picking individual stocks, the iShares Semiconductor ETF (SOXX) and the VanEck Semiconductor ETF (SMH) are top options. These ETFs track market cap-weighted U.S. semiconductor stocks and have significant assets under management.

Recent Stock Performance

• Several semiconductor stocks have seen notable movements recently. Micron Technology (MU) has experienced significant volatility but saw a recent surge of 14.73% in its stock price. Other notable performers include Advanced Micro Devices (AMD), ASML Holding N.V. (ASML), and Applied Materials (AMAT), which have all seen substantial gains in recent trading sessions.

References: https://indexes.nasdaqomx.com/Index/Overview/NQSSSE: https://www.fool.com/investing/stock-market/market-sectors/information-technology/semiconductor-stocks/: https://finance.yahoo.com/u/yahoo-finance/watchlists/semiconductor-stocks: https://indexes.nasdaqomx.com/Index/Overview/GSOX

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