Semiconductor ETF (SMH) Hits a New 52-Week High

Group 1 - The VanEck Semiconductor ETF (SMH) has reached a 52-week high, increasing 74.8% from its 52-week low price of $170.11 per share [1] - The MVIS US Listed Semiconductor 25 Index tracks companies involved in semiconductor production and equipment, with SMH charging 35 basis points in annual fees [1] - The semiconductor sector is experiencing significant growth due to the AI boom, with NVIDIA representing approximately 20% of the ETF's weighting and its stock gaining about 53% over the past year [2] Group 2 - SMH currently holds a Zacks ETF Rank 1 (Strong Buy) with a high-risk outlook, indicating potential for continued outperformance in the coming months [3]