VanEck Semiconductor ETF (SMH) holds 48.4% in leading AI chipmakers NVDA, TSM, AVGO, INTC, and AMD, fueling its superior returns and positioning it well for continued growth as AI adoption rises. NVDA, TSM, AVGO, and AMD have provided strong multi-year growth guidance, reflecting their leadership in AI monetization. Although SMH's recent rally shows a high P/E ratio of 43.03x, suggesting potential profit-taking, the ETF remains attractive for long-term investors looking to buy on dips. Analysts see double-digit upside potential in key holdings over the next few years, supporting SMH's robust capital appreciation prospects.
SK Hynix's options began trading in the U.S. with about 150,000 contracts by midday Tuesday, showing less excitement than expected despite a strong stock rally. The most popular trades were bearish call sales, possibly because leveraged single-stock ...
The Direxion Daily Semiconductor Bull 3X Shares (SOXL) surged nearly 293% year-to-date but recently fell about 30% in the last month, including a sharp 16% drop in one day. SOXL uses leverage to triple daily semiconductor index returns, but this also...
