Reported about 9 hours ago
The iShares Semiconductor ETF (SOXX) has seen a remarkable 794% increase over the last decade, driven by the rapid growth of artificial intelligence (AI) and corresponding demand for semiconductor hardware. As the ETF focuses on key players in the semiconductor sector, particularly Nvidia, which has experienced a surge in data center revenue, it has the potential to significantly grow an investment. Depending on various performance scenarios, a $250,000 investment could reach $1 million within 7 to 13 years, making it a compelling option for investors amidst the AI revolution.
Source: YAHOO