Semiconductor ETFs Gain on AMD’s Strong Earnings, Optimistic 2022 Outlook

Semiconductor sector-related exchange traded funds climbed on Wednesday after Advanced Micro Devices Inc’s (NasdaqGS: AMD) fourth quarter earnings beat expectations and announced a strong outlook for 2022. On Wednesday, the iShares PHLX Semiconductor ETF (NasdaqGS: SOXX) advanced 2.6% and...