SMH Stock Recent News
SMH LATEST HEADLINES
The recent correction in the stock market is making many investors uneasy. Amid several days of considerable sell-offs, shareholders are likely questioning past investments, and others may ask themselves whether they want to stay in the stock market at all.
President Trump's reciprocal tariffs have caused mayhem in semiconductor stocks. The established semi supply chain could be upended as Trump looks set to bring manufacturing prowess back to the US. TSMC as we know it might have to contend with a new order while working with Intel to remodel American semiconductor manufacturing.
On Monday, the Retail Sector ETF (NYSEARCA: XRT) went green. However, as I wrote last night, we still do not know if “in the current bearish phase, we know that short covering and premature buyers cause whipsaws.
Based on the Elliott Wave Principle, a countertrend rally to the $5,000-$ 5,700 range is developing, as five waves down are completing from the January high.
The VanEck Semiconductor ETF holds 26 positions, with a high concentration in top semiconductor companies like NVIDIA and TSMC. The ongoing AI revolution drives extraordinary growth in semiconductor demand, supported by massive capital expenditures from tech giants and rapid user adoption of AI technologies. Despite potential volatility, the SMH ETF offers a solid mix of equities to benefit from AI trends, though investors should be prepared for high volatility.
Semiconductor stocks have been under pressure but are consolidating, setting up for a potential uptrend resumption in 2025. SMH, a concentrated ETF with 25 semiconductor stocks, has outperformed peers over the last year. Strong earnings, particularly from NVDA, and ongoing demand for semiconductors support the investment thesis for SMH.
Following Nvidia's recent earnings report, we discuss the rapid evolution of AI-driven semiconductor demand and the broader implications for the semiconductor industry and investors. In our latest semiconductor outlook discussion, we broke down the latest shifts in AI-driven semiconductor demand, Nvidia's evolving role, and what these trends mean for investors.
It's been a rough few weeks for the S&P 500 as well as other major American economic indicators. The S&P 500 hit its lowest level in four months on Tuesday, erasing its election gains.
Semiconductor companies at the center of the AI boom have a high bar to clear with investors, and they're struggling to do it. Marvell Technology is the latest example of a company that's seen its stock plunge due to lofty investor expectations.
On this week's episode of ETF Prime, host Nate Geraci sat down with Roxanna Islam, head of sector & industry research at VettaFi. She shared her thoughts on a groundbreaking private credit ETF, Nvidia's weight in semiconductor ETFs, and crypto pressures.