SMH ($SMH): The semiconductor ETF riding the AI infrastructure cycle. đ
SMH tracks a basket of major semiconductor companies, giving exposure to Nvidia, TSMC, AMD, Broadcom, Micron, ASML and other key players across the chip industry. As of September 17, Nvidia alone represented about 22.4% of the ETF.
The AI build-out remains the major theme. Semiconductor industry earnings grew 131% YoY in Q2 2026, while major hyperscalers continue increasing AI infrastructure spending.
But SMH is also highly concentrated in the semiconductor sector, so chip-cycle volatility, AI spending expectations and valuation can have a significant impact.
Broad semiconductor exposure, but still closely tied to the AI investment cycle.
#SMH #Semiconductors #AI #Nvidia #AMD #TSM #Micron #Stocks #ETF #Investing
$SMHB
SMH tracks a basket of major semiconductor companies, giving exposure to Nvidia, TSMC, AMD, Broadcom, Micron, ASML and other key players across the chip industry. As of September 17, Nvidia alone represented about 22.4% of the ETF.
The AI build-out remains the major theme. Semiconductor industry earnings grew 131% YoY in Q2 2026, while major hyperscalers continue increasing AI infrastructure spending.
But SMH is also highly concentrated in the semiconductor sector, so chip-cycle volatility, AI spending expectations and valuation can have a significant impact.
Broad semiconductor exposure, but still closely tied to the AI investment cycle.
#SMH #Semiconductors #AI #Nvidia #AMD #TSM #Micron #Stocks #ETF #Investing
$SMHB