The semiconductor conductor industry as a whole is trading higher today thanks to strong earnings results from a couple of companies. First off is Mobileye (NASDAQ:MBLY), which reported Q4 adjusted earnings of $0.27 per share, which beat analysts’ consensus estimate of $0.17. In addition, STMicroelectronics (NYSE:STM) also posted better than expected results, with earnings per share of $1.32, beating estimates of $1.13.
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Semiconductor stocks can be very volatile, which can make investing in individual stocks difficult for some. For those looking to smooth out the volatility, the following semiconductor ETFs may be a better option:
Indeed, over the past three months, XSD has returned 27%, as indicated by the image above.