VanEck Semiconductor ETF Surges 32.2% in April Amid Strong Earnings and AI Demand
The VanEck Semiconductor ETF (SMH) surged 32.2% in April 2026, driven by strong earnings reports from major semiconductor companies and optimism around the agentic AI era. The ETF had previously declined in March due to concerns over escalating tensions between the U.S. and Iran, but rebounded after a tentative ceasefire was announced on April 8.
Tickers: $SMH
Topics: AI ceasefire ETF market_trends semiconductor