Micron Technology IncMU
Mentioned
Impact on stocks 2
Semiconductors
Micron Technology IncArtificial Intelligence
NVIDIA CorporationNVDA
Mentioned
Micron Technology IncNVIDIA CorporationZacks Investment Research recommends global ETFs to diversify portfolios amid a sharp selloff in semiconductor and AI-related stocks. The Philadelphia Semiconductor Index fell about 4.5% on Tuesday, bringing its losses to roughly 17.8% over the past month, while more than $1 trillion was wiped off the market value of the world's largest chipmakers this week. NVIDIA lost about $238 billion in market capitalization since Friday's close, and Micron lost $113 billion. The report highlights international equity ETFs such as Dimensional International Core Equity Market ETF, Avantis International Equity ETF, and Schwab Fundamental International Equity ETF, as well as value and dividend-focused funds, to reduce concentration risk and improve portfolio resilience.
Micron Technology IncNVIDIA Corporation