Posted 4/15/2024, 12:00:00 PM
Semiconductor Boom Ahead - VanEck ETF Offers Broad Exposure with Less Risk Than Individual Stocks
- Semiconductor industry projected to see huge growth driven by AI, vehicle electrification, autonomous driving
- Buying Nvidia stock provides exposure but has risks; semiconductor ETFs provide exposure with less risk
- VanEck Semiconductor ETF is best performing semiconductor ETF over short, medium, and long term
- Top holdings are Nvidia (20.39%), Taiwan Semiconductor (12.7%), Broadcom (7.93%)
- Nvidia and AMD have highest projected earnings growth over next 5 years (37.9% and 25% respectively)