Nvidia Forecast Puts Spotlight on Semiconductor ETFs
May 28, 2024 at 08:00 AM EDT
Shares of Nvidia (NVDA) rallied in Wednesday’s after-hours session after the semiconductor giant unveiled financial guidance that hints at the artificial intelligence (AI) boom still being in its early innings. Clearly, that supports semiconductor exchange traded funds that de facto Nvidia proxies, including the VanEck Semiconductor ETF (SMH). As of May 21, the $19.80 billion [...] The post Nvidia Forecast Puts Spotlight on Semiconductor ETFs appeared first on ETF Trends .
