VanEck Semiconductor ETF (SMH) with Nvidia and Broadcom surges 122%, recommended for AI exposure.

Interest in AI-focused ETFs is rising, but many lack well-known AI stocks. Instead, the VanEck Semiconductor ETF (SMH) is recommended for those seeking AI exposure, as it holds major semiconductor companies like Nvidia and Broadcom. SMH has surged 122% in 2023 and offers a favorable price-to-earnings ratio of 19.5, making it a strong investment compared to traditional AI ETFs, which have delivered mixed results.

September 07, 2024
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