SMH Stock Recent News

Nvidia's outsized influence on major ETFs like SMH, QQQ, and SPY makes the broader market highly vulnerable to a sharp NVDA decline. Technical and valuation signals suggest a high probability that NVDA drops significantly before year-end, risking a domino effect across tech and semiconductors. The AI trade is propping up markets, but concentration risk and backward-looking momentum leave portfolios exposed if sentiment shifts or NVDA falters.

Nearly every financial article you read will tell you the same thing.

Semiconductors are essential to modern tech, but investing requires understanding their cyclical, capital-intensive, and segmented industry structure. Long-term outperformance comes from picking top-quartile companies with high ROE, proprietary tech, and supply chain control—most others underperform. Industry cycles are inevitable, but secular demand from AI, data centers, EVs, and automation keeps raising the baseline for growth.

Everywhere you turn right now, someone is talking about artificial intelligence, and the stock market is delivering stellar returns.

The passage of the Big Beautiful Bill (BBB) gave economic stability, assuring of tax cuts that stimulate investment, job creation, and GDP growth.

Live Updates Live Coverage Updates appear automatically as they are published. Morgan Stanley Just Ugraded Apple 8:55 am Morgan Stanley just reiterated its overweight rating on Apple, noting that the tech giant is well-positioned after the latest tariff news from President Trump. According to the firm, as quoted by CNBC, “Apple’s commitment to investing an added $100B in the U.S. – mind you, with zero new major final assembly/production in the U.S. – means Apple is entirely exempt from Section 232 tariffs. Therefore, for Apple, tariff rates should get no worse, which is a much better-than-feared outcome.” Goldman Sachs Just Hiked Nvidia Price Target Ahead of Earnings 8:29 am Goldman Sachs just raised its price target on NVDA to $200 from $185, with a buy rating. As noted by CNBC, “Analyst James Schneider said that even though investor expectations are high heading into fiscal second-quarter results at the end of August, the chipmaker should have no trouble rising to

I'm bullish on American-made semiconductors due to rising geopolitical risks and government incentives driving a manufacturing renaissance in the U.S. VanEck Semiconductor ETF offers the best exposure to leading U.S. and foreign semiconductor companies investing heavily in domestic production. CHIPS Act incentives and tariffs are accelerating the reshoring of semiconductor manufacturing, acting as carrot and stick, respectively, and positioning the U.S. for long-term industry leadership.

Hyperscalers double down on AI chips, memory surges on HBM demand, and M&A talk rises amid labor and export policy clouds in a fast-evolving semiconductor landscape. 3 Key Takeaways This Month AI Buildout Accelerates Across Sectors: From hyperscalers to automakers, AI infrastructure spend continues to ramp.

SMH hit a fresh 52-week high, surging nearly 75% from its low as AI-fueled chip demand powers semiconductor stocks.

The SOX has reached the target zone predicted a month ago, from where a pullback could happen with a higher chance, while negative divergences are emerging.