Nvidia Corp

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Broadcom Inc

Intel Corp

Advanced Micro Devices Inc

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Texas Instruments Inc

Three major semiconductor ETFs—SMH, SOXX, and SOXQ—compete in the sector as tech giants plan $700 billion in capex spending for 2026. SMH offers the most concentrated mega-cap exposure with strong historical returns, SOXX provides more diversification but at higher cost, while SOXQ delivers similar diversification to SOXX at nearly half the expense ratio, making it the recommended choice for cost-conscious investors.

SMH vs. SOXX vs. SOXQ: Which Semiconductor ETF Is the Best Buy Right Now?

The Nasdaq 100 rose 1.1% on Thursday, led by semiconductor equipment makers rallying on positive analyst upgrades and AI data-center demand outlook. However, Oracle plunged 11.6% despite record earnings, citing a $40 billion financing plan and 162% increase in capital spending for AI infrastructure. Software stocks broadly declined while small caps and chip-related equities outperformed.

Chips Lead Nasdaq 100 Rebound, Oracle Sinks 11%: Stock Market Today

U.S. stocks fell broadly on Wednesday as inflation surged to 4.2% year-over-year and renewed U.S.-Iran tensions in the Strait of Hormuz drove oil prices up 3.3%. Technology stocks led losses amid valuation concerns, while energy stocks rallied. The Nasdaq 100 dropped 1.4%, the S&P 500 fell 0.9%, and the Dow declined 1.2%. Fed rate-hike odds increased following the inflation data.

Oil Jumps On Iran Strikes, Nasdaq 100 Falls On Hot Inflation: Stock Market Today

Vishay Intertechnology surged nearly 14% after beating Q1 earnings expectations with $839.2M revenue and returning to profitability. The rally highlights a broader semiconductor market shift beyond AI infrastructure toward companies serving electric vehicles, industrial automation, and power management. This trend may favor diversified and equal-weight semiconductor ETFs over mega-cap concentrated funds.

Vishay's 300% Breakout Just Put The Spotlight On An Overlooked Corner Of Semiconductor ETFs

U.S. futures extended their recovery from Friday's sell-off as easing Middle East tensions between Iran and Israel, combined with a rebound in chip stocks, improved risk sentiment. Oil prices declined on the improved geopolitical outlook, easing inflation concerns ahead of tomorrow's CPI report. The Nasdaq 100 continues trading above its moving averages with buyers targeting 29,600. Key upcoming events include SpaceX's IPO on Friday and OpenAI's confidential IPO filing.

Nasdaq 100 Extends Its Rebound as Easing Middle East Tensions Lift Risk Appetite

The VanEck Semiconductor ETF (SMH) strives to mirror, as closely as feasible, the price and yield performance of the MVIS US Listed Semiconductor 25 Index (MVSMHTR), prior to the assessment of any fees or expenses. This underlying index is designed to reflect the comprehensive performance of businesses engaged in the manufacturing of semiconductors and related equipment.

SMH (SMH) Stock Price, Analysis & Trade Signals