“`html
Key Highlights from the Semiconductor Market
Micron Technology (NASDAQ: MU) saw its stock soar by 45.4% in January, driven by a strong quarterly earnings report that included a 57% year-over-year revenue increase to $13.64 billion. Meanwhile, the VanEck Semiconductor ETF (NASDAQ: SMH) gained 12% during the same month, substantially outperforming the S&P 500’s 1.5% rise.
As of February 5, Nvidia (NASDAQ: NVDA) remains the largest holding in the VanEck ETF, making up 18.3% of its portfolio, while Taiwan Semiconductor Manufacturing Co. (TSMC) accounts for 10.8%. Nvidia is set to report its fiscal fourth-quarter results on February 25, with projected revenues of $65 billion, reflecting a 65% growth year-over-year.
The overall semiconductor sector benefits from strong demand, particularly in AI and memory chips, as evidenced by significant price increases in stocks like ASML Holdings (up 33%) and Lam Research (up 36.4%) in January.
“`
