Focused plays such as SMH offer increased blockchain exposure via holdings such as Nvidia Corp. (NASDAQ: NVDA) and Advanced Micro Devices, Inc. (NASDAQ: AMD). Both companies make chips used in the mining of digital currencies.
“The semiconductor group, which has the potential to see consolidation as Broadcom and Qualcomm weigh a deal, looks attractive from a fundamental perspective, said Gina Sanchez, CEO of Chantico Global,” according to CNBC.
Rivals to SMH include the iShares PHLX Semiconductor ETF (NasdaqGM: SOXX).
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