Smh stock forecast 2030 the "SMH stock forecast 2030"

The "SMH stock forecast 2030" suggests a compound annual growth rate near 8–10%, driven by the semiconductor sector’s role in AI, cloud computing, and automotive chips. Analysts cite steady revenue expansion from top holdings like NVIDIA and TSMC, which could push SMH’s market cap toward $50B if demand projections hold. Semiconductors are becoming increasingly used in applications such as automobiles, consumer electronics, and data centers. Research published by global management consulting firm McKinsey suggests the semiconductor industry could grow at an average annual rate of 8% and eclipse $1 trillion by 2030. This quarter, there is a wide range of expectations with UBS believing Nvidia will beat by as much as $2 billion, for revenue of $34.5 billion to $35 billion for Q3. Piper Sandler foresees a beat of $1.3 billion for Q3, and a beat of $1.5 billion for Q4. Analysts foresee earnings-per-share growth across its holdings potentially doubling, anchoring a multi-year rally in the ETF.