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Semiconductor ETFs Retreat After Nvidia Warns of Weak Gaming Sales

Nvidia Cop. (NasdaqGS: NVDA) shares plunged, pulling down semiconductor sector-related exchange traded funds after the tech company warned of falling demand for personal computers. On Monday, the iShares PHLX Semiconductor ETF (NasdaqGS: SOXX) decreased 2.5%, the VanEck Vectors Semiconductor ETF (SMH) declined 2.5%, and the Invesco PHLX Semiconductor ETF (SOXQ) fell 2.3%. Meanwhile, Nvidia shares [...] The post Semiconductor ETFs Retreat After Nvidia Warns of Weak Gaming Sales appeared first on ETF Trends .
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