Alphabet Just Reignited The AI Trade — Mag 7 ETFs Are Back In Spotlight - Alphabet (NASDAQ:GOOGL), VanEck Semiconductor ETF (NASDAQ:SMH), iShares PHLX SOX Semiconductor Sector Index Fund (NASDAQ:SOXX)

Alphabet, Inc's (NASDAQ:GOOGL) recent earnings results may have beaten estimates, but for ETF investors, the larger message wasn't simply revenue growth – it was the reminder that hyperscaler AI investment continues to direct funds to the semiconductor sector while simultaneously heightening concerns about mega-cap concentration within broad equity indices.The Google parent company posted fourth-quarter revenue of $113.83 billion, beating consensus estimates, with robust growth in Search, Cloud, and subscri ...