Why semiconductors could be the most efficient artificial intelligence play
Publishing timestamp: 2024-04-18 12:50:12
Summary
VanEck's CEO believes that investing in semiconductors is the most efficient way to play the artificial intelligence boom. The VanEck Semiconductor ETF has seen strong performance this year, despite a recent dip led by some key chipmakers. The CEO suggests that the weakness is temporary and that high interest in AI chips could lead to more durable returns. Another expert also sees opportunities for investors in the semiconductor space, noting limited competition and control over pricing. Investors are advised to pay attention to semiconductor fund flows as a potential indicator for future performance.
Sentiment: POSITIVE
Tickers: NVDA, SMH, ON, AMD, INTC,
Keywords: advanced micro devices inc, nvidia corp, business news, intel corp, breaking news: investing, personal investing, breaking news: technology, vaneck semiconductor etf, exchange-traded funds, on semiconductor corp, artificial intelligence, markets, technology, investment strategy, generative ai, stock markets, earnings,
Source: https://www.cnbc.com/2024/04/18/play-artificial-intelligence-with-semiconductor-etf-vaneck-ceo.html