Jensen Huang Predicts Annual Data Center Spending Will Hit $1 Trillion by 2028. Here's the Ultimate Semiconductor ETF to Buy Right Now.
Semiconductors are the beating heart of the artificial intelligence (AI) revolution. Graphics processing units (GPUs), AI accelerators, high-bandwidth memory, and networking equipment fill modern data centers, delivering the computing capacity developers need to create advanced AI software.Data center spending is growing each year, and Nvidia (NASDAQ: NVDA) CEO Jensen Huang predicts it will top $1 trillion annually by 2028 as tech giants and start-ups alike battle for AI supremacy. The iShares Semiconductor ETF (NASDAQ: SOXX) holds 30 different stocks that could be massive winners if Huang is right. It's currently down 16% in 2025 amid the broader market sell off that was triggered by simmering global trade tensions, but here's why investors might want to look past the short-term noise and buy it now.Continue reading
Semiconductors are the beating heart of the artificial intelligence (AI) revolution. Graphics processing units (GPUs), AI accelerators, high-bandwidth memory, and networking equipment fill modern data centers, delivering the computing capacity developers need to create advanced AI software.
Data center spending is growing each year, and Nvidia (NASDAQ: NVDA) CEO Jensen Huang predicts it will top $1 trillion annually by 2028 as tech giants and start-ups alike battle for AI supremacy.
The iShares Semiconductor ETF (NASDAQ: SOXX) holds 30 different stocks that could be massive winners if Huang is right. It's currently down 16% in 2025 amid the broader market sell off that was triggered by simmering global trade tensions, but here's why investors might want to look past the short-term noise and buy it now.
