PremiumNothing "Semi" About The Semis
Submitted by Peter Tchir of Academy Securities
“Semi” is a Latin-derived prefix meaning half, partly, or incompletely. There is very little about the semiconductor business that is half, part, or incomplete right now. As discussed in last weekend’s Moonshot, the chip sector continues to drive markets. While NVDA dropped over 8% from an all-time closing high on Monday, the SOXX ETF (a semiconductor ETF) finished the week at its all-time closing high.