What’s in Retailer for Semiconductor ETFs in Q3 Earnings?

The semiconductor sector, which was using excessive on the growth of synthetic intelligence (AI) purposes, faltered on the fading AI craze and tech sell-off in August and weak demand from China. Nonetheless, the brand new financial easing period led to a rally in semiconductor shares over the previous month.

VanEck Vectors Semiconductor ETF SMH, iShares Semiconductor ETF SOXX, First Belief NASDAQ Semiconductor ETF FTXL, Try U.S. Semiconductor ETF SHOC and Invesco PHLX Semiconductor ETF SOXQ plunged 8.1%, 12.3%, 12.8%, 11.7% and 10.1%, respectively, over the previous three months. The weak development may reverse within the weeks forward because the third-quarter earnings season unfolds (learn: What Lies Ahead for Semiconductor ETFs: Boom or Gloom?).

Some well-known gamers within the area, reminiscent of Texas Devices (TXN), Lam Analysis (LRCX), Intel (INTC), Qualcomm (QCOM), Superior Micro Gadgets (AMD) and NVIDIA (NVDA), will report earnings within the coming weeks. Let’s delve into the monetary image of the businesses with the next allocation within the abovementioned ETFs and see their energy to maneuver the funds up or down because the earnings season unfolds. SHOC is essentially focused on these corporations with a mixed share of 47.4%, adopted by 42.1% for SMH, 37.3% for SOXX, 37.2% for SOXQ and 35.1% for FTXL.

Per our confirmed mannequin, the mix of a optimistic Earnings ESP and a Zacks Rank #1 (Robust Purchase), 2 (Purchase) or 3 (Maintain) will increase the possibilities of an earnings beat. You may uncover the most effective shares to purchase or promote earlier than they’re reported with our Earnings ESP Filter.

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Inside Our Earnings Prediction

Texas Devices is about to report on Oct 22, after market shut. It has an Earnings ESP of +0.44% and a Zacks Rank #3 (Maintain). The inventory noticed no earnings estimate revision over the previous 30 days for the to-be-reported quarter. The earnings shock observe file over the past 4 quarters has been good, with the common beat being 4.97%.

Lam Analysis has an Earnings ESP of -0.06% and a Zacks Rank #3. The inventory noticed no earnings estimate revision over the previous 30 days for the to-be-reported quarter. The earnings shock observe over the past 4 quarters has been good, with the beat being 8.73%, on common. Lam Analysis is scheduled to report on Oct. 23.

Intel has an Earnings ESP of 0.00% and a Zacks Rank #4 (Promote). The inventory noticed no earnings estimate revision over the previous 30 days for the to-be-reported quarter. Intel delivered an earnings shock of 19.1%, on common, for the previous 4 quarters. It’s slated to launch earnings after market shut on Oct. 31.

Qualcomm has an Earnings ESP of +0.48% and a Zacks Rank #3. The corporate witnessed no earnings estimate revision over the previous 30 days for the to-be-reported quarter. Qualcomm delivered an earnings shock of seven.60% within the trailing 4 quarters, on common. The corporate is slated to report earnings after the closing bell on Nov. 6 (see: all the Technology ETFs here).

Superior Micro Gadgets has an Earnings ESP of 0.00% and a Zacks Rank #3. Its earnings shock historical past is spectacular, with the common beat being 2.32% for the previous 4 quarters. The inventory witnessed no earnings estimate revision over the previous 30 days for the quarter to be reported. AMD is slated to report earnings on Oct. 29 after the closing bell.

NVIDIA presently has an Earnings ESP of +0.09% and a Zacks Rank #2. This videogame-gear specialist noticed no earnings estimate revision over the previous 30 days for the fiscal third quarter 2025. NVIDIA delivered an earnings shock of 12.70%, on common, within the final 4 quarters. NVIDIA is slated to report on Nov. 19.

Conclusion

Although a number of corporations are anticipated to ship a shock this earnings season, semiconductor ETFs may see easy buying and selling within the weeks forward as SOXX, SMH, FTXL and SOXQ have a Zacks ETF Rank #1 every. This means their outperformance within the weeks forward.