TECH - Billions Just Hit The Biggest Semiconductor ETF: Are Investors Going All In On AI Chip Boom? | Benzinga
The semiconductor industry is reaching unprecedented levels of popularity among investors as it becomes clear that chips have become some of the most important commodities of present times.
On Thursday, major cash inflows to the world's largest semiconductor ETF shows substantial disbelief in the idea that a tech bubble might burst any time soon.
Semiconductors are not only consequential within the supply chain for consumer electronics: they serve as the engine behind industrial growth, military supremacy and might ultimately become the backbone of the geopolitical success for nations like China and the U.S.
According to data shared by Eric Balchunas, senior ETF analyst for Bloomberg, the VanEck Semiconductor ETF (NASDAQ:SMH) had record cash inflows on Thursday, possibly triggered by automated buying signals.
The ETF, which is pegged to the MVIS US Listed Semiconductor 25 Index and follows the performance of the 25 largest and most liquid U.S.-listed companies in the industry, received an injection ...