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Benzinga
Benzinga
Business
Chandrima Sanyal

AMD Sees 60% AI Growth Ahead, Turning Up The Heat On Nvidia: Top ETFs To Watch

AMD Nvidia ETF Nasdaq Semiconductor Advanced Micro Devices, Inc NVDA Nvidia Corp
Nvidia.AMD.shuttersotck

Semiconductor ETFs are once again in focus after Advanced Micro Devices Inc (NASDAQ:AMD) forecast its data center revenue would increase by 60% over the next three to five years, as the competition between it and Nvidia Corp (NASDAQ:NVDA) for AI dominance steps up a gear.

That upbeat outlook has put chip-focused funds like the iShares Semiconductor ETF (NASDAQ:SOXX) and VanEck Semiconductor ETF (NASDAQ:SMH) back in investors’ sights, with both holding sizeable positions in AMD and Nvidia.

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