From Nasdaq: 2024-04-03 06:17:00

BlackRock, the world’s largest asset manager with $10 trillion in client funds, owns iShares, offering over 1,400 ETFs. The iShares Semiconductor ETF (SOXX) boasts a $12.9 billion portfolio filled with top chip stocks driving the AI revolution. A recent 3-for-1 stock split made SOXX more accessible, paving the way for potential growth.

The iShares Semiconductor ETF has outperformed the S&P 500 with compound annual returns of 25.3% over the last decade, driven by the AI industry’s momentum. With top holdings like Nvidia and AMD, the ETF’s broad exposure to chip stocks positions it well for potential long-term growth and substantial returns for investors.

Leveraging AI advancements in chatbots and data centers, chip stocks like Nvidia and AMD are at the forefront of technological innovation. The iShares Semiconductor ETF holds key players like Broadcom, Qualcomm, and Intel, offering investors a diversified portfolio within the booming semiconductor industry with growth potential as AI continues to advance.

Investors can turn monthly investments in the iShares Semiconductor ETF into substantial returns over 10, 20, or 30 years, especially with an average annual return of 25.3%. Wall Street predicts AI could be a trillion-dollar industry in the coming years, suggesting the ETF could yield high returns if the technology continues to grow as projected.



Read more at Nasdaq: 1 Stock-Split ETF That Could Turn $500 Per Month Into $1 Million, With Nvidia’s Help