Semiconductor ETFs Weaken After Intel Delays Next-Gen Chip
July 24, 2020 at 16:40 PM EDT
Semiconductor sector-related exchange traded funds were caught between two giants on Friday after Intel (NasdaqGS: INTC) stated it fell far behind schedule on its newest technology but Advanced Micro Devices (NasdaqGS: AMD) surged on its competitor’s misfortune. The iShares PHLX Semiconductor...