VanEck Semiconductor ETF Is Up 64% This Year and Doesn’t Own a Single Share of Apple - 24/7 Wall St.

VanEck's semiconductor ETF has surged 64% this year, yet it holds no Apple shares, highlighting a strategic divergence in the semiconductor investment landscape. This ETF, as a key indicator of semico... Read original →

VanEck’s 64% YTD surge in its semiconductor ETF—without holding a single Apple share—signals capital rotation from consumer-brand exposure to foundational hard-tech innovation. Technologically, this fuels demand for EDA tools, advanced packaging, and automotive-grade chips, pressuring foundries in Taiwan, China and South Korea to accelerate sub-2nm roadmaps. On compliance, tightening U.S. export controls drive portfolio shifts toward firms with diversified manufacturing in the U.S., Mexico, and Southeast Asia, reducing supply chain fragility. Competitively, NVIDIA, AMD, and TSMC (Taiwan, China) gain strategic tailwinds, while Qualcomm and Broadcom may accelerate divestitures to refocus on AI infrastructure. Over the next 12–24 months, this approach will cement a 'technological sovereignty' investment paradigm, marginalizing players lacking proprietary IP or cutting-edge process capabilities and accelerating sector consolidation.