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This Semiconductor ETF Can Continue Sizzling

BY | ETF Database
9:48 am ET 05/13/26 | 4 VIEWS
It’s not just Nvidia (NVDA). Other semiconductor stocks, including Broadcom (AVGO), are surging this year, as the artificial intelligence (AI) build out continues in earnest. Count the Invesco PHLX Semiconductor ETF (SOXQ B+) among the ETFs benefiting. SOXQ, which follows the widely observed PHLX SOX Semiconductor Sector Index, is higher by more than 63% year-to-date. The $1.96 billion ETF’s run may be far from over, because global semiconductor is soaring. Read more: Invesco’s Larosiliere Talks Income, Yield in 2026Helped by a 61.8% year-over-year increase in February and a 79.2% jump in March, semiconductor sales are on pace to top $1 trillion this year, according to the Semiconductor Industry Association (SIA). Adding to the near-term case for SOXQ are data from the World Semiconductor Trade Statistics (WSTS) indicating a wide breadth of chip sales.Tailwinds Abound for SOXQThe $1.96 billion SOXQ, which turns five years old next month, is home to 31 stocks, and that roster is a who’s who of the semiconductor industry. The average market capitalization of SOXQ’s holdings is $970.11 billion, confirming a megacap feel, but with the AI build out flourishing, many of the biggest names, such as Micron Technology (MU), Broadcom, Advanced Micro Devices (AMD) and Nvdia are benefiting. Those are four of SOXQ’s top five holdings. “Global chip sales remain on track to reach $1 trillion in 2026, with Q1 sales significantly exceeding sales in Q4 2025,” said John Neuffer, SIA president and CEO. “Strong sales across the Asia Pacific region, the Americas, and China drove global semiconductor market growth, highlighting broad and robust demand for semiconductors and the countless tech products they enable.” As has been widely documented, AI is a global phenomenon and while nearly 90% of the SOXQ roster are U.S.-based companies, many derive significant portions of their sales outside of this country. In this environment, that’s a favorable trait for investors because the theme of rising chip sales is not confined by geography. “Regionally, year-to-year sales in March were up in the Asia Pacific/All Other (108.5%), the Americas (83.1%), China (74.8%), Europe (46.5%), and Japan (7.4%). Month-to-month sales in March increased in the Americas (13.3%), China (12.7%), Asia Pacific/All Other (9.8%), Europe (8.4%), and Japan (7.1%),” according to the SIA. Over the past three years, the Invesco ETF beat the competing iShares fund by 1,770 basis points. SOXQ charges 0.19% per year, or $19 on a $10,000 investment. For more news, information, and analysis, visit the Innovative ETFs Content Hub.

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