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VanEck Semiconductor ETF down 24.4% from 52-week high

The Motley Fool +1 · ·by G4L

SMH
SMH VanEck Semiconductor ETF
$506.96 +4.82%
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  1. 1The VanEck Semiconductor ETF has fallen 24.4% from its 52-week high.
  2. 2Nvidia accounted for 20.2% of the fund's holdings.
  3. 3TSMC is reporting solid earnings.

So what's the key point?

Prices for semiconductor-related products have dropped about 24.4% from their peak. With a high weight in Nvidia and TSMC reporting good earnings, the situation requires monitoring.

Source The Motley Fool +1 · View original ↗

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