AI Trade’s Favorite Chip ETF Sees Record Inflows Despite Worst Month Since 2008
Semiconductor ETFs SOXX, SMH and DRAM drew record inflows in July even as prices fell the most since 2008. BofA stays bullish.
Chip companies had their worst month in over 15 years, but lots of people kept buying chip stock funds anyway. This shows investors might believe chips will bounce back, even though prices fell hard right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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