Artificial intelligence stocks have been explosive.
In fact, as the AI boom changes everything about everything, it could create a $1.81 trillion opportunity, says Grand View Research. While we’ve covered a good number of AI-related funds, we wanted to take a look at some of the top semiconductor funds that are exploding on the AI story. So, it comes as no surprise that semiconductor ETFs are pushing higher.
| Company: VanEck Vectors Semiconductor ETF (SMH) |
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| Company: iShares Semiconductor ETF (SOXX) |
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A new artificial super intelligence is set to launch in as little as three months. It’s already 54% complete – and moving fast. This new AI model could be thousands of times faster than ChatGPT and could cause Big Tech stocks to double or triple over the next few years.
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| Company: SPDR S&P Semiconductor ETF (XSD) The XSD ETF has been just as explosive, running from about $175 to $214 recently. It could also test higher highs with the AI story. With an expense ratio of 0.35%, the ETF seeks to track the total return performance of the S&P Semiconductor Select Industry Index. Some of its top holdings include Credo Technology, Nvidia, Marvell Technology, Rambus, Advanced Micro Devices, and ON Semiconductor to name a few. Until the artificial intelligence story cools off, related stocks and ETFS could see higher highs. |
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