Rainy777
04-25 02:53

Why would anyone buy INTC at a forward PE over 100 when TSM is on a forward PE of 26? Pure bubble behavior where you are gambling instead of investing. 

Semiconductor Sector Rally Boosts Leveraged ETFs Amid Market Fluctuations
The semiconductor sector experienced a significant rally driven by strong earnings and a notable Intel-Tesla deal. This surge led to a 7% rise in the SOXL ETF and a 39% jump in TXNU, while the inverse semiconductor ETF SOXS plunged 5.67%. The broader market saw declines with the Dow Jones, S&P 500, and Nasdaq Composite all slipping. The event highlights the impact of semiconductor sector performance on leveraged ETFs and market sentiment.
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