SMH Stock Recent News

The technology industry has become enamored with artificial intelligence, and opportunities in the chip space have witnessed particularly high demand. While stocks like Nvidia continue to soar, investors have alternatives that may be better suited in the long run.

SMH focuses on robust generative AI trends, with its top holdings benefiting from the second wave of the cloud computing boom and undisputed AI chip market dominance. Even so, the recent profit-taking trend is unlikely to end, attributed to the ETF's YTD outperformance, the stocks' elevated P/E, and the market rotation from growth stocks. Uncertainty surrounding the US election, geopolitical events in Ukraine/ Gaza, and the macroeconomic outlook may lead to more volatility for SMH in the near term.

CNBC's Seema Mody joins 'Power Lunch' to discuss Nvidia, Broadcom and the other chipmakers lagging.

VanEck Semiconductor ETF is a high-quality semiconductor ETF that has benefited from the AI gold rush. SMH experienced downside volatility recently, attributed to intensified geopolitical risks and profit-taking. SMH offers investors broader diversification into the semiconductor industry besides benefiting from the AI surge.

My last writing urged you to consider a more concentrated bet on the tech sector with SMH. Now, I urge you to consider the opposite: cash out and better diversify your tech exposure with other sectors or assets. The valuation discount I saw in SMH earlier has now been replaced by an oversized valuation premium.

Amid a rotation into value and small-cap equities, semiconductor stocks and related ETFs are dealing with some selling pressure in the early stages of the third quarter. Some of the well-known semiconductor indexes are sporting month-to-date losses in excess of 5%.

Dan Chung, Alger CEO, joins 'Closing Bell' to discuss the semiconductor and tech sectors ahead of earnings.

Technology stocks have been a bona fide leader, repelling sell off attempts and pushing higher. Same goes for the undisputed king of technology, the Semiconductors Sector (SMH).

Harsh Kumar, Piper Sandler research analyst, joins 'Squawk on the Street' to discuss the state of the chips sector, semis playbook for the second half of the year, why AMD is his top pick, and more.

Wall Street wrapped up a blockbuster first half of the year. In the current scenario, investors should bet on ETFs that were winners in the first half and have a solid Zacks ETF Rank #1 (Strong Buy) or 2 (Buy).