Nvidia and Broadcom Helped Propel This ETF 18% Higher in a Single Day. Here's Why It's Still a Buy Now.
It's been a wild week for semiconductor stocks. And for good reason, as tariffs throw a wrench into global supply chains and capital spending, thereby affecting demand for chips.One of the largest semiconductor exchange-traded funds (ETFs) by net assets is the iShares Semiconductor ETF (NASDAQ: SOXX). The fund surged 19% on Wednesday, fueled by huge gains in top holdings like Nvidia and Broadcom, as the market skyrocketed in hopes that trade tensions could ease.Here's why the ETF stands out as a solid buy for folks looking for chip companies to invest in artificial intelligence (AI) and growing global connectivity.Continue reading
It's been a wild week for semiconductor stocks. And for good reason, as tariffs throw a wrench into global supply chains and capital spending, thereby affecting demand for chips.
One of the largest semiconductor exchange-traded funds (ETFs) by net assets is the iShares Semiconductor ETF (NASDAQ: SOXX). The fund surged 19% on Wednesday, fueled by huge gains in top holdings like Nvidia and Broadcom, as the market skyrocketed in hopes that trade tensions could ease.
Here's why the ETF stands out as a solid buy for folks looking for chip companies to invest in artificial intelligence (AI) and growing global connectivity.
