2024: Nvidia's 127% stock surge, but VanEck Semiconductor ETF (SMH 1.58%) offers broader AI-impacted semiconductor investment.

In the AI-fueled tech boom, Nvidia's 127% stock surge in 2024 makes it a tempting buy, but investors may benefit more from the VanEck Semiconductor ETF (SMH 1.58%). This ETF allows exposure to a diverse range of semiconductor stocks, capitalizing on AI's impact on the industry. Although Nvidia is a major player, the ETF offers broader opportunities and may prove a better long-term investment.