Semiconductors have traded in a range recently, and exchange traded funds (ETFs) tracking the sector have kept a low profile.

The impact of Japan’s quake may constrain the semiconductor sector, as the country is rooted in technology and plays a major role in this industry, reports Aude Lagorce for MarketWatch.

A reversal of fortune could be seen, however. Roberta Cowan for Reuters reports that the European chipmakers may see a surge , as demand for smartchips is expected to rise.

Other catalysts for the sector include Texas Instruments’ $65 billion bid for National Semiconductor. This fired up semiconductor ETFs recently. [Semiconductor ETFs Rise On M&A News.]

Some semiconductor ETFs:

  • Semiconductor HOLDRS (AMEX: SMH)
  • PowerShares Dynamic Semiconductors Portfolio (NYSEArca: PSI)
  • SPDR S&P Semiconductor ETF (NYSEArca: XSD)

Semiconductor HOLDRS

Tisha Guerrero contributed to this article.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.