ETF Explainer: SOXX

Each month, we look at an ETF selected by ETF.com based on its performance and importance to investors. This month, we consider the $7.9 billion iShares Semiconductor ETF (SOXX), the largest semiconductor ETF on the market. All the companies mentioned below are holdings in SOXX, unless otherwise noted (*).

DEC 4 Shares of Micron Technology rise sharply after multiple analysts raised their price targets and a power outage at one of its factories disrupted production, potentially increasing demand.

JAN 22 Intel stock spikes on better-than-expected earnings but plunges the next day on concerns the data had been hacked before its release.

MAR 31 Applied Materials stock receives a significant boost after a Bernstein analyst initiates coverage on the company with an “outperform” rating.

MAY 19 Analog Devices exceeds expectations to deliver record-breaking results for its second fiscal quarter, with revenue up 26% year-over-year.

AUG 24 Nvidia stock rises over multiple days on a 68% y-o-y increase in earnings and news that it will provide some of the chips for a new Dept. of Energy supercomputer.

OCT 7 Shares of Marvell Technology rise sharply in the wake of an investor call during which it raised its long-term growth target to 15-20% from 10-15%.

Source: Bloomberg; data for 10/30/2020-10/29/2021