semiconductor / news / / The Economic Times
Institutional investors actively bought shares in semiconductor companies such as Micron and Intel.
Nearly 5,000 institutional investors bought shares of at least one of 17 semiconductor firms in Q1.
KEY POINTS
- 2,440 institutions took new positions in Micron, and Intel's stock rose 195% year-to-date.
- Northern Trust opened new stakes in Intel, Micron, Seagate Technology, and Western Digital during Q1.
- 3,800 institutions increased or initiated positions in utilities, with none reducing exposure in Q1.
- Sellers outnumbered buyers in the 'Magnificent Seven' AI giants during the first quarter.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →