If You'd Invested $1,000 in SMH 10 Years Ago, Here's How Much You'd Have Today
Investing in semiconductor stocks before the start of the artificial intelligence (AI) revolution would have produced huge returns over the past decade.
Overview
Ten years ago, the semiconductor industry looked nothing like it does now. The artificial intelligence (AI) boom was still years away, and there was no talk of megacap tech companies spending tens of billions of dollars on AI development.
Investors in the VanEck Semiconductor ETF (NASDAQ: SMH) 10 years ago may not have known that was coming. But their brokerage account balances sure benefited from it.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.