Prediction: The VanEck Semiconductor ETF Will Double Again Before 2032
Asking the VanEck Semiconductor ETF (NASDAQ:SMH) to double again could seem greedy after the run it’s been on. Shares trade near $631 as of this writing, about five times their price five years ago. And since closing 2025 at $360.13, the chip fund has gained about 75%.
Still, I think it can double once more before 2032. A fund priced around $631 has to hit about $1,260 in a bit over five years, which comes out to gains of about 14% a year.
Sure, a doubling isn’t certain. Chip stocks rise and fall with an industry that moves in cycles, and the industry is in one of the best stretches it’s ever seen.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.