09-25-2023, 12:20 PM
CHIP AND FAIL. A TROUBLED MONTH FOR THE SEMICONDUCTOR INDUSTRY
![[Image: c2ed3aa79ff306bcc57f529f92c15632.png]](https://freshforex.com/netcat_files/Image/c2ed3aa79ff306bcc57f529f92c15632.png)
Dear clients,
Shares of Nvidia and other U.S. semiconductor companies are starting to slowly lose lustre after a stunning rally into 2023 as investors weigh high valuations, rising Treasury yields and signs of industry worries.
At the start of the year, shares of chip companies soared, with the Philadelphia SE Semiconductor (.SOX) index surging more than 50% through July. No stock has embodied the chip industry's success more than Nvidia, whose shares tripled in 2023, when the company's market value topped $1 trillion, driven by excitement around the central role of the company's products in artificial intelligence applications.
However, the group's performance has stalled. SOX is down more than 7% this month, compared with a 2.3% fall in the broad S&P 500 index, while Nvidia shares — the driver of this year's broad market rally — are down more than 14% in September.
Investors said the group is also being impacted by industry concerns, including ongoing tensions between the U.S. and China over semiconductors. Washington is considering imposing restrictions on the sale of artificial intelligence chips, after export controls last year cut China off from some semiconductor chips made anywhere in the world on US equipment.
Another blow came from Taiwan's TSMC, which asked its major suppliers to delay shipments of high-tech chip-making equipment as the world's top contract chipmaker grows increasingly nervous about customer demand. Shares of several TSMC suppliers fell after the announcement.
Meanwhile, the excitement following last week's initial public offering of Arm Holdings has died down, and shares of the chip developer have fallen for the fifth consecutive day.
Still, the sentiment among investors is still quite positive. Many chip stocks have risen significantly over the year, and this month may prove to be only a temporary setback.
FREE POWERFUL TRADING ANALYTICS IN METATRADER 5
![[Image: 51bb7c354614c1859bef7225f79b6c81.png]](https://freshforex.com/netcat_files/Image/51bb7c354614c1859bef7225f79b6c81.png)
Dear clients,
Last week the MetaTrader 5 platform was updated to the Build 3950 version.
Let's get straight to the main thing. The trading history report has been redesigned and completely updated - now it is more clear. The developers have revised the approach to information presentation and converted dry statistical reports into interactive charts and diagrams. The work is still in progress, but you can already evaluate the changes. To view trade statistics, click "Reports" in the "View" menu.
Available reports:
Summary - summary information about your activity over time: account details, profit and loss totals, deposit and withdrawal amounts, balance, growth and dividend graphs, and other data.
Profit/Lost - historical information about profitable and losing trades. It is divided by type of trading (manual, copy-trading and algo-trading), can be analysed in terms of trades, percentages or money by days, months and years.
Long/Short - report on Buy- and Sell-orders in specified time intervals.
Symbols - detailed analysis of deals by financial instruments. Ratio of the number of deals, comparison of different types of trading and historical data for individual symbols or whole groups.
This innovation will help traders of any level to trade more efficiently — the statistics section has been redesigned, now it is a serious tool for analysing your own trading history. Beginners and professionals will find in the updated section everything they need to optimise their portfolio. You will no longer need third-party services to monitor trading results: the necessary information is built into the platform and is available at a single click.
Right now the update is available only for the desktop version of the platform with an operating system not lower than Windows 10. In the nearest updates this feature will be added to the web and mobile versions of MetaTrader 5.
No extra effort or cost — the solution is built into the trading platform and comes free of charge!
Try out the new stuff together with our unique offer — 50% discount on spread and swap when trading bitcoin!
Dear clients,
Shares of Nvidia and other U.S. semiconductor companies are starting to slowly lose lustre after a stunning rally into 2023 as investors weigh high valuations, rising Treasury yields and signs of industry worries.
At the start of the year, shares of chip companies soared, with the Philadelphia SE Semiconductor (.SOX) index surging more than 50% through July. No stock has embodied the chip industry's success more than Nvidia, whose shares tripled in 2023, when the company's market value topped $1 trillion, driven by excitement around the central role of the company's products in artificial intelligence applications.
However, the group's performance has stalled. SOX is down more than 7% this month, compared with a 2.3% fall in the broad S&P 500 index, while Nvidia shares — the driver of this year's broad market rally — are down more than 14% in September.
Investors said the group is also being impacted by industry concerns, including ongoing tensions between the U.S. and China over semiconductors. Washington is considering imposing restrictions on the sale of artificial intelligence chips, after export controls last year cut China off from some semiconductor chips made anywhere in the world on US equipment.
Another blow came from Taiwan's TSMC, which asked its major suppliers to delay shipments of high-tech chip-making equipment as the world's top contract chipmaker grows increasingly nervous about customer demand. Shares of several TSMC suppliers fell after the announcement.
Meanwhile, the excitement following last week's initial public offering of Arm Holdings has died down, and shares of the chip developer have fallen for the fifth consecutive day.
Still, the sentiment among investors is still quite positive. Many chip stocks have risen significantly over the year, and this month may prove to be only a temporary setback.
FREE POWERFUL TRADING ANALYTICS IN METATRADER 5
Dear clients,
Last week the MetaTrader 5 platform was updated to the Build 3950 version.
Let's get straight to the main thing. The trading history report has been redesigned and completely updated - now it is more clear. The developers have revised the approach to information presentation and converted dry statistical reports into interactive charts and diagrams. The work is still in progress, but you can already evaluate the changes. To view trade statistics, click "Reports" in the "View" menu.
Available reports:
Summary - summary information about your activity over time: account details, profit and loss totals, deposit and withdrawal amounts, balance, growth and dividend graphs, and other data.
Profit/Lost - historical information about profitable and losing trades. It is divided by type of trading (manual, copy-trading and algo-trading), can be analysed in terms of trades, percentages or money by days, months and years.
Long/Short - report on Buy- and Sell-orders in specified time intervals.
Symbols - detailed analysis of deals by financial instruments. Ratio of the number of deals, comparison of different types of trading and historical data for individual symbols or whole groups.
This innovation will help traders of any level to trade more efficiently — the statistics section has been redesigned, now it is a serious tool for analysing your own trading history. Beginners and professionals will find in the updated section everything they need to optimise their portfolio. You will no longer need third-party services to monitor trading results: the necessary information is built into the platform and is available at a single click.
Right now the update is available only for the desktop version of the platform with an operating system not lower than Windows 10. In the nearest updates this feature will be added to the web and mobile versions of MetaTrader 5.
No extra effort or cost — the solution is built into the trading platform and comes free of charge!
Try out the new stuff together with our unique offer — 50% discount on spread and swap when trading bitcoin!