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Can Broadcom’s share price ride out the semiconductor shortage?

June 2, 2021
Hans Mosesmann
cmcmarkets

Semiconductor stocks have been one of the leading technology subsectors since the start of 2021. The ProShares Ultra Semiconductors ETF [USD] and the iShares PHLX Semiconductor ETF [SOXX], both of which have Broadcom in their top 10 holdings, have climbed 20.6% and14% respectively in the year to 1 June. The First Trust Nasdaq Technology Dividend Index Fund [TDIV], which also holds Broadcom as a top 10 asset, has climbed 14.3%.

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