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Zacks News
ETFs to Gain on Intel's Buyout of Tower Semiconductor
by Sweta Killa
Intel has agreed to buy Israel-based chipmaker Tower Semiconductor for $5.4 billion to expand its manufacturing capacity and technology portfolio amid rising demand.
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Sector ETF report for PSI
Is the Rate-Related Rout in Tech ETFs Over?
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Intel smashed estimates for both earnings and revenues but provided a mixed outlook for the first quarter.
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Sector ETF report for SMH
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Sector ETF report for SOXX
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Sector ETF report for XSD