Chip Stocks Are No Longer an Automatic Path to Profits. What the Numbers Say About This Key Semi ETF Now.

For years, investors have been, to use an old-fashioned phrase, in the chips. And very into chip stocks. That’s been reflected by the outstanding long-term performance of ETFs that track the semiconductor sector, such as the $35 billion VanEck Semiconductor ETF (SMH). 

It was one of the first to track this key sub-sector of technology, debuting back in 2011. That was well before artificial intelligence was running the show. But that’s simply the most contemporary application of the semiconductor industry, which powered the first personal computers and so much else since.