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The $1.4 billion SMH holds 26 stocks and tracks the MVIS US Listed Semiconductor 25 Index (MVSMHTR), “which is intended to track the overall performance of companies involved in semiconductor production and equipment,” according to VanEck.
“Worldwide semiconductor revenue is forecast to total $401.4 billion in 2017, an increase of 16.8 percent from 2016,” according to Gartner, Inc. “This will be the first time semiconductor revenue has surpassed $400 billion. The market reached the $300 billion milestone seven years ago, in 2010, and surpassed $200 billion in 2000.”
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