Nvidia Suffers $10 Billion Setback, AI Chip Sanctions Spell Trouble For 3 ETFs

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Nvidia Suffers $10 Billion Setback, AI Chip Sanctions Spell Trouble For 3 ETFs - Benzinga

Quick Summary:

Here are three such ETFs, among many others, that are caught in the crosshairs: VanEck Semiconductor ETF (NASDAQ:SMH): This ETF’s top holdings include Nvidia, Broadcom (NASDAQ:AVGO), Taiwan Semiconductor Manufacturing Company (NYSE:TSM) and Advanced Micro Devices (NASDAQ:AMD).

This makes the ETF particularly vulnerable to regulatory changes in this space.iShares Semiconductor ETF (NASDAQ:SOXX): This ETF boasts holdings in Nvidia, Intel (NASDAQ:INTC), and Broadcom.

The U.S.semiconductor sector is going through nail-biting times as further potential sanctions on the export of artificial intelligence chips to China loom.