Semiconductors Weigh on Tech ETFs
July 12, 2011 at 14:19 PM EDT
Exchange traded funds that invest in semiconductor and chip stocks lost more than 3% in Tuesday’s mixed overall market due to weakness in top holdings Novellus (NasdaqGS: NVLS), Texas Instruments (NYSE: TXN), Applied Materials (NasdaqGS: AMAT) and Intel (NasdaqGS: INTC). The chip sector fell...