Rising demand has spurred fresh industry investments to boost chip production. With support from the CHIPS and Science Act, the United States is projected to more than triple its semiconductor manufacturing capacity and attract a greater share of private investment in the sector.
Given this long-term positive sentiment, watching semiconductor ETFs such as SPDR S&P Semiconductor ETF (XSD), iShares Semiconductor ETF (SOXX), and VanEck Semiconductor ETF (SMH) might be wise choices now.
