Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

With All Eyes on Nvidia and Artificial Intelligence (AI), This ETF Can Help You Turn $300 Per Month Into $259,000 Without Lifting a Finger

TheMotleyFool 
0 0 26.01.24
With All Eyes on Nvidia and Artificial Intelligence (AI), This ETF Can Help You Turn $300 Per Month Into $259,000 Without Lifting a Finger: https://g.foolcdn.com/editorial/images/761666/money-growth-saving-money-investing.jpg
 

One of the hottest investment themes over the last year was artificial intelligence (AI). Each of the "Magnificent Seven" stocks is playing a major role in the AI movement, and helped fuel the Nasdaq Composite to a more than 40% gain last year.

Perhaps the most scrutinized company among megacap tech is semiconductor manufacturer Nvidia. In 2023, the company witnessed a record demand for its graphics processing units (GPUs) and the stock soared nearly 240%.

However, investing in individual stocks is not for everyone. Some investors prefer to take a more passive approach, such as owning index funds. If you are interested in investing in the semiconductor industry, but prefer not to choose specific equities, the VanEck Semiconductor ETF (NASDAQ: SMH) may be a suitable option.

Continue reading


Source Fool.com

Nordic Semiconductor Stock

€11.92
2.970%
There is an upward development for Nordic Semiconductor compared to yesterday, with an increase of €0.34 (2.970%).

Show more
Like: 0
SMH
Share

Comments

Not a member yet? Sign up for free!