Play artificial intelligence with semiconductor ETF: VanEck CEO

From CNBC: 2024-04-18 12:50:12

Investing in semiconductors is a smart move for capitalizing on the artificial intelligence boom. VanEck’s Semiconductor ETF (SMH) has seen a 21% increase this year, though it fell 6% this month. Nvidia, a top holding, has surged 70% due to high demand but dropped 7% recently. Experts predict a strong future for AI chip demand and limited competition for top chipmakers. Pay attention to fund flows for potential investment opportunities.

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