Nvidia’s Rise to Becoming the World’s Most Valuable Company Sparks Reappraisal of Semiconductor ETFs
Nvidia Corp. has made history by surpassing Microsoft to become the world’s most valuable company, with a market capitalization crossing $3.7 trillion. As the chipmaker solidifies its position as the foundation of the AI era, certain segments of Wall Street are lagging behind, including semiconductor ETFs. Despite Nvidia’s remarkable rise, some of the largest ETFs that follow the semiconductor space are still predominantly weighted toward legacy chipmakers. These legacy chipmakers, which dominated the PC and mobile era,[…]