The PHLX Semiconductor Sector index has seen a solid recovery since the beginning of July, gaining over 23% in value as investors have ignored the gloomy environment surrounding the semiconductor industry. Nvidia (NASDAQ: NVDA) and Qualcomm (NASDAQ: QCOM) investors have benefited big time from the rally in semiconductor stocks. While shares of Nvidia are up 17% since July 1, Qualcomm stock has appreciated 15.8%. Read More...
The PHLX Semiconductor Sector index has seen a solid recovery since the beginning of July, gaining over 23% in value as investors have ignored the gloomy environment surrounding the semiconductor industry. Nvidia (NASDAQ: NVDA) and Qualcomm (NASDAQ: QCOM) investors have benefited big time from the rally in semiconductor stocks. While shares of Nvidia are up 17% since July 1, Qualcomm stock has appreciated 15.8%.
