Chip stocks rebounded strongly, recovering from Friday’s losses, thanks to easing U.S.-China trade tensions and Broadcom’s major AI deal. Semiconductor companies benefit greatly from the AI boom, providing essential technology for various devices. Chip ETFs have been top performers over the past decade due to their importance in modern technology.
Nvidia and AMD made significant deals with OpenAI, investing billions in data centers with AMD securing a 10% equity stake in AMD. Intel received a boost from Nvidia’s $5 billion investment, strengthening domestic chip manufacturing. OpenAI estimates the cost of bringing one gigawatt of capacity online to be around $50 billion, with most of it spent on chips and infrastructure.
To learn more about these developments and related stocks such as VanEck Semiconductor ETF, iShares Semiconductor ETF, and SPDR S&P Semiconductor ETF, check out the video above. Zacks Investment Research offers valuable insights through its Fund Newsletter, delivering top news, analysis, and ETF recommendations weekly. Don’t miss out on this free resource to boost your portfolio.
For more detailed stock analysis and reports on Intel Corporation, Advanced Micro Devices, Inc., Nvidia Corporation, Broadcom Inc., and Taiwan Semiconductor Manufacturing Company Ltd., visit Zacks Investment Research. Chip ETFs continue to be a profitable way to capitalize on the AI boom, with semiconductor companies at the forefront of technological innovation.
Read more at Nasdaq: Chip ETFs: The Best Way to Profit from the AI Boom?