The Chip Trade Heats Up: What Does This Mean for Outdoor Enthusiasts? The latest news from the world of semiconductors might seem unrelated to outdoor enthusiasts, but it has significant implications.
A surge in spending on semiconductor exchange traded funds (ETFs) is driving up prices for chip stocks, with ETFs like SOXX and SMH attracting new investments.
Strong earnings reports from Microsoft and Amazon have contributed to this rally. Both companies invest heavily in artificial intelligence infrastructure, which requires semiconductors.