VanEck Fabless Semiconductor ETF Price & Performance (SMHX)

Apple's unveiling of its in-house modem chip for the iPhone 16e marks a pivotal moment for Qualcomm, its long-standing supplier. With Apple accounting for over 10% of Qualcomm's revenue, this transition could disrupt Qualcomm's position in the semiconductor market. Investors are closely monitoring the performance of Apple's new chip.1

The $100 billion Stargate initiative by OpenAI and Oracle aims to redefine AI infrastructure, leveraging Nvidia's cutting-edge chips. This project is expected to boost demand for semiconductors, benefiting ETFs like VanEck Semiconductor ETF. As AI supercomputing accelerates, the global competition in AI technology intensifies.2

Synopsys and Vector Informatik have partnered to advance software-defined vehicles, focusing on digital twins and virtual ECUs. This collaboration aims to reduce costs and enhance software quality in automotive development. Their efforts are expected to accelerate the industry's transition to fully digital vehicle ecosystems.3