The VanEck Semiconductor ETF (SMH) has gained about 146% over the past year, with nearly 20% growth in May alone, and is up 66% year to date. Unlike common assumptions, NVIDIA is not the main driver; the fund's modified equal-weight structure means top holdings like AMD, Broadcom, Micron, and TSM each hold significant influence. The ETF's performance is closely tied to hyperscaler AI spending and memory pricing trends, with key upcoming events including Broadcom's June 3 earnings report and hyperscaler capex guidance from major tech firms in July and October. Investors should watch these signals as any reduction in hyperscaler spending could impact SMH more than macroeconomic factors like inflation or interest rates.
Chip stocks in the VanEck Semiconductor ETF (SMH) have dropped over 10% from last week's record high, with options traders increasingly buying puts, signaling bearish sentiment. Put volume on SMH outpaced calls by four times, indicating expectations ...
Traders are showing bearish sentiment on the VanEck Semiconductor ETF (SMH) with put volume more than doubling calls, especially on puts betting on a 7% drop by August 21. Despite this, some chipmakers like Marvell Technology and Intel are seeing str...
The SPDR S&P Semiconductor ETF (XSD) and the iShares Semiconductor ETF (SOXX) differ mainly in weighting: XSD uses equal weighting across semiconductor firms, while SOXX concentrates on the largest companies like NVIDIA and Broadcom. SOXX has outperf...
The VanEck Semiconductor ETF (SMH) has gained 77.13% in just over five months, far outpacing the S&P 500's 10.61% return year-to-date. This surge is driven by strong AI-related capital expenditures across the semiconductor supply chain, including chi...
After a two-month rally, semiconductor stocks sharply dropped nearly 10%, causing a spike in the Cboe Volatility Index (VIX) and record options trading on the S&P 500. This sell-off signals a correction from speculative excess amid upcoming IPOs and ...
