Nvidia and AMD Could Help This Stock-Split ETF Turn $200,000 Into $1 Mn
Mon, Jul 8, 2024 2:37 PM

Nvidia and AMD Could Help This Stock-Split ETF Turn $200,000 Into $1 Mn

A Flip by Riya Sharma
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The iShares Semiconductor ETF, which tracks the chip industry, has delivered a 25.3% annual return over the last 10 years, outperforming the S&P 500. With a recent 3-for-1 stock split, the ETF's price per share has dropped to around $254. The ETF holds 30 semiconductor stocks, including Nvidia, AMD, and Broadcom, and could turn a $200,000 investment into $1 million over the next 8-15 years.

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