STOCK TITAN

VanEck Fabless Semiconductor ETF - SMHX STOCK NEWS

Welcome to our dedicated page for VanEck Fabless Semiconductor ETF news (Ticker: SMHX), a resource for investors and traders seeking the latest updates and insights on VanEck Fabless Semiconductor ETF stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect VanEck Fabless Semiconductor ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of VanEck Fabless Semiconductor ETF's position in the market.

Rhea-AI Summary

VanEck has launched the VanEck Fabless Semiconductor ETF (SMHX), targeting companies that design chips but outsource manufacturing. This ETF complements VanEck's existing $23 billion Semiconductor ETF (SMH). SMHX focuses on fabless semiconductor companies that allocate more resources to innovation and R&D, avoiding high manufacturing costs.

SMHX tracks the MarketVector™ US Listed Fabless Semiconductor Index (MVSMHX), including companies with at least 50% of revenues from fabless semiconductor business. The fund aims to capitalize on the CHIPS Act and increasing demand for semiconductors in AI and other technologies. VanEck positions SMHX as an opportunity for investors focused on innovation and R&D in the semiconductor industry.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
Tags
none

FAQ

What is the current stock price of VanEck Fabless Semiconductor ETF (SMHX)?

The current stock price of VanEck Fabless Semiconductor ETF (SMHX) is $26.12 as of November 4, 2024.

VanEck Fabless Semiconductor ETF

Nasdaq:SMHX

SMHX Rankings

SMHX Stock Data

400.00k
United States of America