Semiconductor stocks have been some of the best performers this year thanks to strong earnings and robust growth. These companies are producing chips that fuel new technologies including Internet of Things, virtual reality and data centers.
This has more than offset the struggles they have witnessed from the weak PC market. Shares of the iShares PHLX Semiconductor ETF, which tracks the performance of U.S. semiconductors, is up 21 percent year to date, while some individual names have boasted gains well over 100 percent.
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For those reasons, this will be one of the more closely watched sectors during earnings season. Analysts are expecting the semiconductors space to build on its recent success and continue driving shares higher. We get a first look at the space this week starting with reports from Intel, Xilinx and Advanced Micro Devices.