Semiconductor Pullback: A Buying Opportunity?

Related: Big Tech Slump May be Short-Lived

In the first quarter, investors added nearly $70 million to SOXX while pulling over $40 million from SMH.

“Worldwide semiconductor revenue is forecast to total $401.4 billion in 2017, an increase of 16.8 percent from 2016,” according to Gartner, Inc. “This will be the first time semiconductor revenue has surpassed $400 billion. The market reached the $300 billion milestone seven years ago, in 2010, and surpassed $200 billion in 2000.”

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