From Nasdaq: 2024-04-15 08:00:00

The global semiconductor market is expected to grow by over 13% to nearly $600 billion in 2024, reaching $1 trillion by 2030. Key drivers include AI, vehicle electrification, and autonomous driving. Investing in Nvidia stock offers exposure to these trends, especially in the data center AI market and potential growth in autonomous vehicles. However, some investors may consider buying an ETF like VanEck Semiconductor ETF for less risk but substantial exposure to Nvidia stock. The VanEck Semiconductor ETF has outperformed the S&P 500 in the short, medium, and longer terms, making it an attractive investment option. With a total expense ratio of 0.35% and top holdings like Nvidia, Taiwan Semiconductor Manufacturing, and ASML Holding, the ETF provides a diversified portfolio of companies in the semiconductor industry. Wall Street analysts project strong earnings growth for Nvidia and Advanced Micro Devices as they lead the market in producing GPUs for AI applications. The VanEck Semiconductor ETF is positioned to capitalize on significant global growth trends in AI, vehicle electrification, and autonomous driving, making it a compelling investment opportunity for investors seeking exposure to the semiconductor industry.



Read more at Nasdaq: Like Nvidia Stock but Prefer ETFs? This Is the Best Semiconductor ETF to Invest In Artificial Intelligence (AI) and Other Megatrends.