1 BTC
=
- USD
VanEck Semiconductor ETF
As of May 30, 2026 at 08:37 UTC
Chart
About VanEck Semiconductor ETF
No description available.
Market Statistics
Trading Metrics
How to Buy SMH
Create Your Account
Sign up, deposit BTC, and transfer it to your Unified Trading Account. It only takes a moment.
Start Your Trade
From Terminal, click Trade Now on the asset you want to buy. You'll be purchasing its tokenized asset.
Buy SMH
Enter the amount and confirm your purchase. That's it! You'll see the impact of the trade in your Unified Trading Account.
New to Tokenized Assets? Learn more in our Help Center.
Latest News
5 articlesThe semiconductor sector is transitioning from an AI hype-driven rally to a sustainable growth story, with the AI market expected to grow from nearly $1 trillion in annual sales to $2 trillion by 2036. The VanEck Semiconductor ETF (SMH) is recommended as a way to gain exposure to industry leaders like Nvidia, TSMC, and Intel, which are positioned to drive future growth despite recent consolidation in non-megacap names.
Bank of America's May Global Fund Manager Survey reveals that 73% of professional investors now view 'long global semiconductors' as the most crowded trade on Wall Street, up from 24% in April—the steepest one-month jump on record. With fund manager equity allocation surging to net 50% overweight and cash levels dropping significantly, BofA's Bull & Bear Indicator has triggered a contrarian sell signal. The semiconductor sector, which has rallied over 60% year-to-date, now faces potential profit-taking as early as June, with unresolved risks including closed shipping straits and inflation concerns.
Leopold Aschenbrenner's Situational Awareness LP fund has doubled its equity exposure to $13.68B, positioning heavily in physical AI infrastructure and energy suppliers while hedging semiconductor exposure. The fund's thesis argues that power and electricity, not chips, represent the real bottleneck for AI scaling. The portfolio employs a barbell strategy: aggressive longs in energy infrastructure (Bloom Energy, Bitcoin miners turned AI operators) and optical components, combined with significant put hedges on semiconductor names to protect against potential sector rotation.
As semiconductor and memory chip stocks reach elevated valuations, capital is expected to rotate into AI data center infrastructure. Three companies are highlighted: Applied Digital (APLD) with $23 billion in contracted revenue and 139% YoY growth; Iren (IREN) with a $9.7 billion Microsoft deal and $3.4 billion NVIDIA contract; and CoreWeave (CRWV), the largest with $5.13 billion in annual revenue growing at triple-digit rates.
The S&P 500 climbed to a record high on Wednesday, rising 0.58% to 7,444.25, driven by semiconductor and AI-linked stocks despite hotter-than-expected inflation data. The May 14 Polymarket contract implies a 77% probability of the index opening higher on Thursday. Tech stocks, particularly semiconductors, continue to outperform amid AI demand optimism, though the rally remains narrow with two-thirds of S&P 500 stocks finishing lower.
