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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.
AI infrastructure spending, soaring memory demand and strong chip sales are fueling semiconductor growth, putting these ETFs in focus.
AI infrastructure spending, soaring memory demand and strong chip sales are fueling semiconductor growth, putting these ETFs in focus.
Bank of America Corp DE reduced its stake in Invesco PHLX Semiconductor ETF (NASDAQ: SOXQ) by 13.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 142,986 shares of the company's stock after selling 21,851 shares during the quarter.
Franklin Equity portfolio manager Jonathan Curtis breaks down why he believes the semiconductor selloff doesn't signal a downturn, with AI demand remaining strong, chip supply still constrained and hyperscaler spending continuing to support the trade.
Broadcom's massive debt plan raises balance-sheet concerns, but semiconductor ETFs offer diversified exposure to its AI growth opportunity.
The VanEck Semiconductor ETF (NASDAQ:SMH) is the most popular way to bet on chips.