$iShares Semiconductor ETF(SOXX.US)Background: SOXX tracks major semiconductor companies, benefiting from AI chip demand…
$iShares Semiconductor ETF(SOXX.US)
Background: SOXX tracks major semiconductor companies, benefiting from AI chip demand and data-centre spending. But after the massive rally, profit-taking and valuation concerns can trigger sharp pullbacks.
My trade: Bought at an average cost of US$489.
Takeaway: Long-term still bullish lah, as AI demand remains a key growth driver. Current price is around US$478, slightly below my cost. I would hold for the long term and avoid panic selling. If adding, do it in small batches only — semiconductor stocks can be very volatile one.
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