Tap This ETF to Play Chip Trio NVIDIA, Broadcom & Micron

Zacks06-21

The chip industry is red-hot this year, thanks to huge gains recorded by NVIDIA NVDA, Broadcom Inc AVGO and Micron MU. Nvidia is up about 180%, Broadcom has gained 60%, and Micron has jumped more than...

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Nvidia is up about 180%, Broadcom has gained 60%, and Micron has jumped more than...</p>\n\n<a href=\"https://finance.yahoo.com/news/tap-etf-play-chip-trio-120000575.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOXQ","symbol_name":"Invesco PHLX Semiconductor ETF","start_time":0,"source_url":"https://finance.yahoo.com/news/tap-etf-play-chip-trio-120000575.html","article_id":"2445975752","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/mYQcKrBErD723LN8P5V9xQ--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/d87cc8e5693753ce8e232e0a527e4885"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2445975752","pubTimestamp":1718971200,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The chip industry is red-hot this year, thanks to huge gains recorded by NVIDIA NVDA, Broadcom Inc AVGO and Micron MU. 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Further, NVIDIA completed a 10-for-1 stock split on Jun 7.The pureplaychip fundInvesco PHLX Semiconductor ETF SOXQ invests 11.63% weight in NVIDIA, 8.83% weight in Broadcom and 4.91% weight in Micron, taking the first, third and sixth positions in ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SOXQ":"Invesco PHLX Semiconductor ETF","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","QQQ":"纳指100ETF","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4549":"软银资本持仓","LU1548497426.USD":"安联环球人工智能AT Acc","ABR":"阿伯房地产信托","BK4548":"巴美列捷福持仓","MU":"美光科技","AVGO":"博通","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","AVGOP":"BROADCOM INC PFD SER A 22","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4554":"元宇宙及AR概念","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","LU0238689110.USD":"贝莱德环球动力股票基金","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4553":"喜马拉雅资本持仓","FDN":"First Trust Dow Jones Internet I","LU0072462426.USD":"贝莱德全球配置 A2","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0082616367.USD":"摩根大通美国科技A（dist）","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","BK4543":"AI","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","NVDA":"英伟达","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC"},"translate_title":"利用该ETF来玩芯片三巨头NVIDIA、Broadcom和Micron","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AVGO":1,"SOXQ":1,"QQQ":1,"NVDA":1,"MU":1,"FDN":1,"ABR":1,"AVGOP":1},"content_text":"The chip industry is red-hot this year, thanks to huge gains recorded by NVIDIA NVDA, Broadcom Inc AVGO and Micron MU. Nvidia is up about 180%, Broadcom has gained 60%, and Micron has jumped more than 75% in the year-to-date frame (as of Jun 20, 2024). We know that the rise of generative AI and its increasing applications have driven demand for powerful GPUs and other semiconductor components, which led to the rally in the trio.\nInside the Rise of NVIDIA, Broadcom & Micron\nBy now, NVIDIA is known to all for its relentless rally, driven by its prominence in the artificial intelligence (AI) space. It is now the most valuable company in the world. The company’s success lies in its innovation and a huge market share of 80% in AI chips for data centers. Demand for NVIDIA’s H100 accelerators has been on a surge (read: ETFs to Tap as NVIDIA Becomes the Most Valuable Company).\nEarly this month, the AI chipmaker unveiled a high-powered version of its Blackwell chip — called the Blackwell Ultra — slated to release in 2025, followed by a new AI chip platform, Rubin, in 2026. The company will debut an Ultra version of Rubin in 2027. Some analysts believe NVIDIA is on track to become the first $10 trillion company. Further, NVIDIA completed a 10-for-1 stock split on Jun 7.\nIn mid-June, Broadcom reported upbeat results for its fiscal second quarter by beating on both lines. Many analysts raised the price forecast on the stock. Three out of 11 analysts raised their earnings forecasts for the current quarter over the past 7 days, while six upped their forecast for the full year.\nBroadcom, too, announced a 10-for-1 stock split, which is set to take place in July 2024. Broadcom Inc. currently has an average brokerage recommendation (ABR) of 1.20 on a scale of 1 (Strong Buy) to 5 (Strong Sell). Of the 30 recommendations deriving the current ABR, 27 are Strong Buy, representing 90% of all recommendations (read: Broadcom Jumps on Q2 Earnings Beat: ETFs to Buy).\nZacks Rank #2 (Buy) Micron Technology is expected to report its earnings on Jun 26, 2024. The company has established itself as a leading global provider of semiconductor memory solutions. Positive developments such as improved inventory management in the data center sector and stabilization across other business areas, including automotive and industrial sectors, are driving revenue growth. The company expects prices for DRAM and NAND chips to rise next year, which would further boost its revenues.\nOver the past seven days, two out of seven analysts upped their earnings forecast for the current quarter. Micron currently has an ABR of 1.15. Of the 27 recommendations deriving the current ABR, 24 are Strong Buy and two are Buy.\nHow to Play Trio With One Product?\nThe pureplaychip fundInvesco PHLX Semiconductor ETF SOXQ invests 11.63% weight in NVIDIA, 8.83% weight in Broadcom and 4.91% weight in Micron, taking the first, third and sixth positions in the fund, respectively. The fund charges 19 bps in fees. The fund has a P/E of 31.38X, in line with the Invesco QQQ Trust (QQQ)’s P/E of 32.75X, indicating that the ETF SOXQ is not too pricey (read: 4 Best ETF Areas of Last Week).\nInvestors should note that this ETF approach looks to be more risk-free than individual stock investing. Plus, investors can gain access to the trio with a single product. The fund has gained 39.8% this year and 54% past year.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nMicron Technology, Inc. (MU) : Free Stock Analysis Report\nNVIDIA Corporation (NVDA) : Free Stock Analysis Report\nBroadcom Inc. (AVGO) : Free Stock Analysis Report\nInvesco PHLX Semiconductor ETF (SOXQ): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2445975752"}