SMH ETF Sees Mixed Performance Amid Semiconductor Sector Volatility
The VanEck Semiconductor ETF (SMH) has declined 2.8% over the past week but maintains a robust 42% year-to-date gain. Net inflows of $563 million in five days and $4 billion over three months signal strong institutional interest, particularly as AI-related semiconductor deals dominate market attention.
Analyst consensus rates SMH a Moderate Buy with a 19% upside potential to $408.85. Universal Display, Synopsys, and Nvidia lead holdings with highest projected returns, while Micron and Intel anchor the downside risks. The ETF's Smart Score of 8 reflects favorable long-term positioning.