Reported about 2 months ago
The iShares Semiconductor ETF, part of BlackRock, has shown impressive returns due to its strong holdings in AI chip companies like Nvidia and AMD. After a recent stock split, the ETF's price became more accessible, making it a compelling option for investors. With a historical compound annual growth rate of 12.1% (25.4% over the last decade), investing $500 monthly could potentially grow to over $1 million in 30 years, fueled by the continuing AI boom and demand for semiconductor technology.
Source: YAHOO