2024-04-26 07:06:48 ET
Summary
- VanEck Semiconductor ETF is a risky but potentially lucrative investment in semiconductor companies essential to the AI trend.
- SMH has a concentrated holdings structure, with Nvidia and Taiwan Semiconductor Manufacturing Company as the top holdings.
- Despite recent market corrections, the Fund should be considered a buying opportunity due to ongoing AI-related catalysts.
It's quite understandable for some investors to feel fatigued from a seemingly never-ending buzz about AI. Dotcom era-like obsession of media with everything related to "artificial intelligence" has already led to hyped expectations in the tech sector. This April, however, we clearly see a hangover, with many AI-related stocks falling by -10-20% off highs....
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For further details see:
SMH: More AI-Related Catalysts Ahead, Buy The Dip