SOXQ Semiconductor ETF Surges 181.74% as AI Chip Boom Lifts NVIDIA, Broadcom, AMD - 24/7 Wall St.

In 2026, the semiconductor industry experienced a significant upswing driven by surging demand for AI chips, with semiconductor ETFs leading the gains. The Invesco PHLX Semiconductor ETF (SOXQ) surged... Read original →

SOXQ’s surge reflects the technical culmination of the AI compute arms race. The aggressive rollout of 3nm nodes and EUV tools is pushing foundries like TSMC (Taiwan, China) to prioritize HBM and CoWoS advanced packaging, raising barriers for smaller chip designers. While U.S. export controls temporarily shield NVIDIA’s pricing power, they accelerate China’s vertical integration in GPUs and ASICs, eroding long-term U.S. market reach. Intel may exploit SOXQ’s concentration risk by promoting open Chiplet architectures to reclaim server CPU share, while Broadcom could deepen its DPU moat via acquisitions. Over the next 18 months, any slowdown in hyperscaler CapEx or intensified U.S.-China tech decoupling will pressure SOXQ’s elevated valuation. The true winners will be those controlling advanced packaging capacity and geopolitically neutral supply chains.