Key Points
The iShares Semiconductor ETF (NASDAQ: SOXX) has surged 89% year to date in 2023, driven by increased demand for semiconductors as the artificial intelligence (AI) sector continues to expand. The semiconductor market achieved $298.5 billion in revenue during Q1 2026, marking a 25% increase from the previous quarter, primarily fueled by spending from large cloud providers on AI infrastructure.
According to IDC’s April forecast, the semiconductor market is expected to exceed $1 trillion in revenue by the end of 2026. The iShares Semiconductor ETF tracks the NYSE Semiconductor Index and includes top holdings from major industry players like Micron Technology, Advanced Micro Devices, and Marvell Technology. With a 0.34% expense ratio, it offers investors targeted exposure to the growing chip industry.
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