The iShares Semiconductor ETF (SOXX) has surged 89% year to date, driven by heavy capital spending from hyperscalers like Meta, Microsoft, and Amazon on AI data centers. SOXX holds about 30 chip stocks, with top performers like Micron and Intel up over 200%, while NVIDIA lags behind. The fund's future depends on continued AI-related spending by hyperscalers through 2027 and the quarterly rebalance, which may increase NVIDIA exposure despite its recent underperformance. Investors should watch hyperscaler capex reports and NVIDIA's supply commitments for signs of the cycle's strength or weakening.
Analyst John Roque highlights the 2-year Treasury yield approaching 5% as a major risk for momentum-driven assets like AI chip stocks, gold, silver, and Bitcoin. Recent sharp corrections in semiconductor stocks and stretched valuations in markets lik...
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 ProShares Ultra Semiconductors ETF, which aims to deliver twice the daily return of the semiconductor index, fell about 17% on June 5, 2026, after Broadcom's cautious Q3 AI revenue guidance and a stronger-than-expected jobs report triggered a sel...
