SMH

RACK focuses on the companies supplying the semiconductors, power, cooling systems and grid equipment needed to support AI infrastructure demand. VanEck is today launching the VanEck Data Center Supply Chain ETF (CBOE: RACK), to provide pure-play exposure to the companies powering the global buildout of AI infrastructure. The launch comes as hyperscalers and technology companies rapidly expand AI infrastructure investment to meet surging computational demand. As competition intensifies across generative AI, cloud computing and large-scale model deployment, the five largest AI hyperscalers are projected to spend approximately $750 billion on infrastructure this year alone.1 McKinsey esti

VanEck announced today the following 2025 annual distributions per share for its VanEck® equity exchange-traded funds. Distributions Per Share for the VanEck ETFs Listed Below Ex-Date: December 22, 2025 | Record Date: December 22, 2025 | Payable Date: December 26, 2025 Fund Ticker   Income Approximate % of Income from PFICs Short-Term Capital Gain Long-Term Capital Gain VanEck Africa Index ETF AFK $0.2716 5% None None VanEck Biotech ETF BBH $0.9565 None None None VanEck Gaming ETF BJK $1.3636 None None None VanEck Brazil Small-Cap ETF BRF $0.8889 1% None None VanEck Social Sentiment ET

Investors gravitate to SMHX as the role of fabless semiconductor companies in AI advancements continues to grow; the fund provides exposure to both near-term AI infrastructure build-out and opportunities along the longer adoption curve. VanEck is today celebrating two key milestones for its VanEck Fabless Semiconductor ETF (SMHX), which is marking its one-year anniversary and has also surpassed $100 million in assets. SMHX is unique among ETFs targeting the semiconductor space and broader AI-driven investment opportunities in that it focuses on "fabless" chip companies, i.e., those focused on designing and marketing chips while outsourcing high-cost manufacturing efforts. The fabless

VanEck partnership with Casa de Bolsa Finamex enhances ETF liquidity and investor access in Mexico, and underscores VanEck's commitment to education, infrastructure and long-term growth in Latin America. Global asset manager VanEck today announced a strategic partnership with Finamex Casa de Bolsa, one of Mexico's leading brokerage firms, for Casa de Bolsa Finamex to act as the official liquidity provider for several VanEck ETFs cross-listed on the Bolsa Mexicana de Valores (BMV). This collaboration advances VanEck's mission to expand access in Latin America to high-quality global investment strategies, while supporting the development of local ETF markets. Key to this initiative is the

VanEck announced today the following 2024 annual distributions per share for its VanEck® equity exchange-traded funds. Distributions Per Share for the VanEck ETFs Listed Below Ex-Date: December 23, 2024 | Record Date: December 23, 2024 | Payable Date: December 24, 2024 Fund Ticker   Income Approximate % of Income from PFICs Short-Term Capital Gain Long-Term Capital Gain VanEck Africa Index ETF AFK None None None None VanEck Biotech ETF BBH $ 1.2517 22% None None VanEck Gaming ETF BJK $ 1.1667 34% None None VanEck Brazil Small-Cap

SMHX targets fabless semiconductor companies that focus on design and R&D rather than manufacturing, and builds on VanEck's suite of thematic equity ETFs, which includes the $23 billion VanEck Semiconductor ETF (SMH). Fabless chip companies avoid the high costs of owning manufacturing facilities and can deploy more resources towards innovation, making them well-equipped to adapt to new technologies, market demands, and scaling needs. VanEck is today announcing the newest addition to its suite of thematic equity ETFs: the VanEck Fabless Semiconductor ETF (SMHX), targeting semiconductor companies that design and develop chips but outsource their manufacturing. Unlike integrated chip man

To gain an edge, this is what you need to know today. GDP Brings Buying  Please click here for an enlarged chart of Invesco QQQ Trust Series 1 (NASDAQ:QQQ). Note the following: The chart shows a drop in QQQ.  The drop in QQQ was triggered by speculative sentiment pulling back.  As a reader of The Arora Report, you knew in advance that speculative sentiment could fall as a result of Tesla Inc (NASDAQ:TSLA) earnings. The chart shows that QQQ is approaching the support zone. RSI on the chart shows that QQQ is now oversold.  Oversold markets tend to bounce. The chart shows that the volume was low on the selloff.  This indicates a lack of conviction in selling. Especially hard hit in

U.S. chip stocks led by Nvidia Corp (NASDAQ:NVDA), Advanced Micro Devices, Inc (NASDAQ:AMD), Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Broadcom Inc (NASDAQ:AVGO), Qualcomm Inc (NASDAQ:QCOM), Arm Holdings Plc (NASDAQ:ARM), Intel Corp (NASDAQ:INTC), Micron Technology, Inc (NASDAQ:MU) are trading lower on Wednesday. Tesla Inc (NASDAQ:TSLA) and Google parent Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) second-quarter earnings on Tuesday failed to impress the Street and are dragging the stocks lower. Tesla, a key Nvidia customer, reported second-quarter revenue growth of 2% year-on-year to $25.5 billion, beating the consensus estimate of $24.7 billion. EPS of $0.52 lagged the consens

Wall Street started the new week on a positive note, with all major indices in the green. A rebound in tech stocks following last week’s dips bolstered overall investor sentiment. Investors focused on the start of the tech earnings season, looking past President Joe Biden‘s withdrawal from the reelection campaign. Semiconductor stocks, which plunged last week due to threats of increased curbs on China, rallied on Monday. The VanEck Semiconductor ETF (NYSE:SMH) and the iShares Semiconductor ETF (NYSE:SOXX) both rose by 2.5%. The tech-heavy Nasdaq 100 index surged 1% by 12:40 p.m. in New York, poised to snap a three-day losing streak. The S&P 500 edged up 0.7%, while blue-chip stocks in

A market strategist is providing insight into which sectors could benefit based on whether Donald Trump or Joe Biden wins the 2024 presidential election. What Happened: There is a lot of focus on electric vehicles ahead of the 2024 election with a win by Trump seen as a negative for the sector, but a potential positive for Tesla. Freedom Capital Markets Chief Global Strategist Jay Woods told Benzinga there are several sectors to watch ahead of the 2024 election. Woods sees a potential "Trump bump" for financials and healthcare stocks if the former president returns to office. The market strategist recalled Operation Warp Speed, which mainly focused on COVID-19 treatments, but als

Goldman Sachs analysts have turned surprisingly bearish on chipmakers, advising investors to hedge their exposure to the sector by purchasing put options. In a note shared Friday, analyst Arun Prakash, CFA, cautioned about the potential for further downside in the semiconductor sector in the near term. This warning comes after recent losses triggered by news of potential heightened China export restrictions. “We believe the extreme crowding, geopolitical risks, upcoming earnings, and low skew provide an attractive opportunity for investors to hedge drawdown risks,” stated Goldman Sachs. Hedging Strategy: Buy Puts On Semiconductor ETF The firm advises investors to consider buying

The semiconductor market was jolted on Wednesday as stocks of major players like NVIDIA Corp. (NASDAQ:NVDA), Advanced Micro Devices, Inc. (NASDAQ:AMD), and Broadcom Inc. (NASDAQ:AVGO) took a sharp downturn. This came in the wake of reports suggesting that President Joe Biden is contemplating stricter trade restrictions with China and comments made by former President Donald Trump regarding Taiwan. What Happened: During an interview with CNBC’s Closing Bell Overtime, Bernstein analyst Stacy Rasgon shared his insights on the situation. Rasgon pointed out that Trump’s comments on Taiwan seemed to suggest that he was not overly concerned about protecting Taiwan, possibly indicating that he ex

It’s deep red on Wall Street on Wednesday, with tech stocks sharply falling amid a semiconductor broad-based selloff following news that the Biden administration is hastening export restrictions to China. Bloomberg reported on Wednesday that the U.S. administration has advised its allies to impose the strictest trade restrictions possible if companies such as Tokyo Electron Ltd. (OTCPK: TOELY) and ASML Holding NV (NASDAQ:ASML) persist in supplying advanced chips to China. Shares of the Dutch chipmaker ASML Holding fell nearly 12%, notching the worst decline since March 2020. The tech-heavy Nasdaq 100 tumbled by 2.7% at 12:45 p.m. ET, marking the worst session since late August 2023.

The semiconductor sector is enduring one of its worst trading days in years, driven by investor concerns over the Biden administration’s potential tightening of regulatory restrictions on chip exports to China. The iShares Semiconductor ETF (NYSE:SOXX) plummeted 5.4% by 12:20 p.m. ET, eyeing the worst session since October 2022. Similarly, the VanEck Semiconductor ETF (NYSE:SMH) sunk 5.5%. Chart: Chipmakers Suffer Worst Day Since October 2022 Image: Benzinga Pro The Biden administration is considering enacting the harshest trade restrictions if chipmakers continue to grant China access to advanced semiconductor technology, Bloomberg News reported Wednesday. Dutch chipmak

According to a federal lawsuit, Micron Technology Inc. (NASDAQ:MU) is accused of infringing on 11 patents owned by Chinese chipmaker Yangtze Memory Tech. Co. Ltd. (YMTC). YMTC claims the key Biden’s Chips Act beneficiary used its patented inventions without authorization after YMTC surpassed Micron in the flash memory market in 2023, Bloomberg Law reports. Also Read: Taiwan’s President Expresses Gratitude To Micron CEO For Ongoing Investment The complaint was filed on July 12 in the US District Court for the Northern District of California, just one day after a Texas judge upheld a $445 million jury verdict against Micron for infringing Netlist Inc.’s semiconductor patents. Earli

Advanced Micro Devices Inc (NASDAQ:AMD) has unveiled its latest AI PC architecture, incorporating a new neural processing unit (NPU) in its AMD Ryzen AI chips. This announcement was made at the Computex trade show in Taiwan last month, followed by a detailed presentation at a recent event in Los Angeles, VentureBeat reports. The new NPU technology can handle AI workloads with remarkable efficiency. Also Read: AMD Challenges Nvidia With Strategic $665M Purchase Of Finnish AI Lab According to Vamsi Boppana, AMD's SVP of AI, the NPUs can operate AI models at 35 times the performance per watt of a standard CPU and eight times that of an integrated GPU. AMD's AI PCs provide enhance

To gain an edge, this is what you need to know today. AI Super Bulls Pay Attention Please click here for an enlarged chart of SPDR S&P 500 ETF Trust (NYSE:SPY) which represents the benchmark stock market index S&P 500 (SPX) compared to Invesco QQQ Trust Series 1 (NASDAQ:QQQ), iShares Russell 2000 ETF (NYSE:IWM), VanEck Semiconductor ETF (NASDAQ:SMH), NVIDIA Corp (NASDAQ:NVDA), Tesla Inc (NASDAQ:TSLA), and KB Home (NYSE:KBH). Note the following: AI super bulls pay attention to the chart as it shows major divergences occurring yesterday. The chart shows the small cap ETF IWM outperformed Nasdaq 100 ETF QQQ by 5.9%. This is the biggest such divergence since 2001. The chart shows IWM o

Advanced Micro Devices, Inc (NASDAQ:AMD) announced its plan to acquire Finnish AI start-up Silo AI for $665 million, marking one of the largest AI takeovers in Europe. This acquisition aims to bolster AMD’s AI services to compete with market leader Nvidia Corp (NASDAQ:NVDA). The acquisition of Silo AI, expected to close in the second half of this year pending regulatory approval, will bring Silo’s 300-member team into AMD’s fold to build custom large language models (LLMs), the Financial Times reports. Vamsi Boppana, senior vice president of AMD’s AI group, emphasized that the deal will accelerate customer engagements and AMD’s AI tech stack. Silo AI, one of Europe’s largest priv

Nvidia Corp (NASDAQ:NVDA) has been a standout performer among semiconductor companies and the Magnificent Seven stocks. However, can it maintain its leadership position through the second half of 2024? Ed Egilinsky, Managing Director at Direxion, shares his insights, shedding light on the key drivers and potential headwinds for this tech titan. Nvidia’s Sky-High Valuations Give Investors A Pause “Nvidia has been a stalwart in the tech space over the last few years,” Egilinsky acknowledges. “However, its current valuation might make some investors pause. There is no denying Nvidia is a leader in the chip space and more specifically regarding AI-related chips. They should be a not

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) saw its shares rise to a record on Thursday in the Taiwan Stock Exchange. The rally boosted Taiwan Semiconductor’s market capitalization to over $946 billion in the U.S. stock exchange as of Friday. Investors are optimistic that Taiwan Semiconductor will benefit from robust demand for artificial intelligence (AI) and high-performance computing (HPC) chips, the Taiwan Times reports. Taiwan Semiconductor has surged 69.48% this year, solidifying its position as the most valuable stock on the local exchange and the world’s 10th-largest company by market capitalization. Analysts anticipate a positive earnings report from Taiwan Semicon

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) is set to increase its capital expenditures significantly in 2025, driven by strong demand and ongoing advancements in its 2nm process technology. According to industry reports, TSMC’s capital expenditure is expected to reach between $32 billion and $36 billion, an increase of 12.5% to 14.3% from the previous year and the second highest in the company’s history. ASML Holding (NASDAQ:ASML) and Applied Materials Inc (NASDAQ:AMAT) are anticipated to benefit from TSMC’s increased capital expenditures, with related third-party manufacturers also seeing potential gains, UDN reports. TSMC is a key supplier to Nvidia Corp (NASDAQ:NVDA) too.

June closed on a high note for the stock market, with the S&P 500, tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), gaining 3.2%, despite significant disparities in sector and industry performances. The technology sector, as tracked by the Technology Select Sector SPDR Fund (NYSE:XLK), led the 11 S&P 500 sectors in performance last month, surging 7.7% and achieving its strongest monthly gain this year. In stark contrast, utilities lagged, with the Utilities Select Sector SPDR Fund (NYSE:XLU) dropping 6.3%, marking the worst month since September 2023. Top Performing Industry ETFs In June The iShares Expanded Tech-Software Sector ETF (NYSE:IGV) rallied 11.3% last month, topping