How did Nvidia's forecast affect the SMH fund?

Nvidia's upbeat forecast lifted the earnings outlook for companies in the fund, boosting sector confidence.

What are the main holdings of the SMH fund?

Key holdings include Nvidia, Intel, and Qualcomm, among other chipmakers.

Nvidia's Upbeat Forecast Lifts SMH's Earnings Outlook

Nvidia's upbeat forecast signals a positive earnings outlook for companies in the SMH semiconductor fund, including Intel and Qualcomm, according to Trefis.

June 24, 2026

1 min read

Source: Trefis

Nvidia's optimistic forecast has lifted the earnings outlook for companies within the popular SMH semiconductor fund, according to a report by Trefis.

Details

The positive guidance from Nvidia reflects a clear direction for earnings among semiconductor firms, including Intel (INTC) and Qualcomm (QCOM). This comes amid growing demand for chips used in artificial intelligence and high-performance computing.

Context

The SMH fund is one of the largest semiconductor-focused ETFs on Wall Street, holding major names like Nvidia, Intel, and Qualcomm. Nvidia's upbeat forecast has boosted confidence in the chip sector, potentially benefiting the fund's performance.

What This Means for Investors

The positive outlook suggests potential earnings growth for SMH holdings, making the fund an attractive option for investors seeking exposure to the semiconductor industry. However, actual company performance and broader economic conditions should be monitored.

Frequently Asked Questions

SMH is an ETF tracking the performance of semiconductor companies, including Nvidia, Intel, and Qualcomm.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.