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South Korea's demand for power in the coming years is set to surge on plans by chipmakers Samsung Electronics and SK Hynix to expand production and the building of new AI data centres, according to the country's energy minister.
Over the last several decades, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have averaged negative returns during September. Artificial intelligence (AI) chip stocks had mixed performances during the last three Septembers.
Greenland Capital Management LP purchased a new stake in VanEck Semiconductor ETF (NASDAQ: SMH) in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 1,034 shares of the company's stock, valued at approximately $678,000. A number of other hedge funds and other institutional investors
British chip components maker IQE Plc posted a half-yearly core profit on Monday, compared to a year-ago loss, helped by strong demand from AI infrastructure and data centre and defence customers.
South Korea and the United States are discussing semiconductor investments in the U.S. as part of broader bilateral talks, a Seoul official told reporters on Friday.
Sitting out the AI rally felt safe until the S&P 500 started looking like a semiconductor fund in disguise. Three ETFs can get retirees into the trade without the single-stock exposure that keeps advisors up at night.
Broadcom's AI revenues are surging, but softer guidance has weighed on shares, highlighting ETFs that offer diversified exposure to its growth.
The chairman of JPMorgan Asset Management's market and investment strategy warned on chip stocks within a day of their peak.