Reasons Behind the 12.3% Surge of VanEck Semiconductor ETF in May
Tuesday, 4 June 2024, 17:52
Reasons Behind the Surge of VanEck Semiconductor ETF
In May, the VanEck Semiconductor ETF witnessed an impressive rally of 12.3%. This surge was predominantly fueled by the strength of the chip sector, with Nvidia playing a pivotal role.
Key Highlights:
- 12.3% surge in the VanEck Semiconductor ETF
- Strong performance driven by the chip sector
- Significant contribution from Nvidia, the largest component
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.