Related: Equifax Data Breach Reveals CyberSec ETFs Opportunity
Semiconductor ETFs have recently been durable performers as semiconductor stocks are rebounding to steady the broader technology sector, but that does not mean the gains are over for this suddenly hot group. However, valuations are rising for chip stocks.
“Another possible source of growth for semiconductors is the development of crypto currencies. Crypto currencies, which became popular in recent years, are mined using semiconductors, thus providing immense opportunities for future growth. According to Bloomberg, growth in the Ethereum market in 2Q17 boosted the shares of Nvidia (NVDA) and Advanced Micro Devices (AMD) substantially. The VanEck Vectors Semiconductor ETF (SMH) offers investors a vehicle to invest in this fast-growing industry,” reports Market Realist.
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