Analysts foresee earnings-per-share growth across its holdings potentially doubling, anchoring a multi-year rally in the ETF. With All Eyes on Nvidia and Artificial Intelligence (AI), This ETF Can Help You Turn $300 Per Month Into $259,000 Without Lifting a Finger was originally published by The Motley Fool Nvidia’s operating margin of 62% exceeds second place Microsoft by 17.5 points and third place Meta by 21.9 points; Nvidia is more than double the rest of the Mag 7 including Apple and Alphabet. This is because Hopper’s pricing power versus the Ampere generation: Nvidia’s Compute and Networking operating margin expanded from 28.5% in Q3 FY23 when Hopper reached full production to 71.3% in the most recent quarter even as revenue grew 7x during that seven-quarter period. ETFs concentrating on semiconductors like SMH are expected to see AUM growth from $9B in 2024 to $25B by 2030, according to projections based on rising institutional exposure to tech infrastructure assets.