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The Semiconductor Pullback Makes This ETF a Strong Buy

Summary by 247wallst.com
Quick Read Invesco Semiconductors ETF (PSI) dropped 9.5% over the past month despite top holdings delivering strong results; Micron (MU) is the largest position at 5.8% and reported Q1 EPS of $4.78 versus $3.94 consensus while guiding $18.7B Q2 revenue, Nvidia (NVDA) reported $62.31B data center revenue in Q4 (up 75% YoY) and guided $78B Q1 FY2027, and Broadcom (AVGO) reported $8.4B AI chip revenue in Q1 (up 106% YoY) and guided $10.7B for Q2. …

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The Semiconductor Pullback Makes This ETF a Strong Buy

Quick Read Invesco Semiconductors ETF (PSI) dropped 9.5% over the past month despite top holdings delivering strong results; Micron (MU) is the largest position at 5.8% and reported Q1 EPS of $4.78 versus $3.94 consensus while guiding $18.7B Q2 revenue, Nvidia (NVDA) reported $62.31B data center revenue in Q4 (up 75% YoY) and guided $78B Q1 FY2027, and Broadcom (AVGO) reported $8.4B AI chip revenue in Q1 (up 106% YoY) and guided $10.7B for Q2. …

·New York, United States
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247wallst.com broke the news in New York, United States on Friday, March 27, 2026.
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