Tag: Semiconductor
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USD: An ETF For Investors To Double Down On Semiconductor Growth In 2024 And Beyond
sefa ozel Investment Thesis ProShares Ultra Semiconductors ETF (NYSEARCA:USD) warrants a buy rating to take advantage of expected semiconductor industry growth in 2024 and over the next decade. While late 2022 saw a decline in the semiconductor industry, 2024 is expected to see a solid rebound. Although multiple semiconductor ETFs exist, USD utilizes derivative contracts…
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ON Semiconductor: Q3 Earnings Set Stage For Bullish Trend
mesh cube ON Semiconductor Corporation (NASDAQ:ON) disclosed Q3 2023 earnings, demonstrating robust revenue growth and impressive gross margins. The automotive and industrial sectors were particularly noteworthy, achieving record revenues, with the automotive market experiencing a significant year-over-year increase. This article extends the discussion initiated in the previous piece, delving into a technical examination and assessment…