Smh stock forecast 2030 retail investor positioning in SMH has

Retail investor positioning in SMH has grown in tandem with AI hype cycles, but historical adoption trends suggest the real revenue impact materializes in the second half of the decade, lifting the ETF’s fair value metrics. Wall Street has been on a remarkable rally, buoyed by a surge in technology stocks. The artificial intelligence (AI) craze, hopes of rate cuts and the rising share of the "Magnificent Seven" have been driving the space. Notably, the technology sector is the clear leader of the 2024 market rally so far. While many ETFs have powered the sector from a year-to-date look, we have highlighted five from different industries that are leading the way. These are VanEck Vectors Semiconductor ETF SMH, First Trust SkyBridge Crypto Industry & Digital Economy ETF CRPT, AXS Esoterica NextG Economy ETF WUGI, Clockwise Core Equity & Innovation ETF TIME, and ProShares Nanotechnology ETF TINY. They account for approximately 50% of the portfolio’s net assets under management. It has also returned 264% compared to the S&P 500’s 70% over the last 5 years. Recent trading patterns indicate SMH could outperform the broader Nasdaq by 2030, fueled by a projected $1 trillion global semiconductor market. Long-term investors are eyeing accumulation phases in 2024–2026 for a potential run toward triple-digit percentage gains over the decade.