Tech investors are doubling down on the chip industry as demand for faster computing keeps rising. Strong interest in semiconductors has helped lift the S&P 500 roughly 22% in 2025, and analysts expect the global chip market to grow from about $583 billion this year to nearly $1.29 trillion by 2030.
Nvidia sits at the center of that surge. The company’s graphics chips now power many artificial intelligence systems, including language tools and large data projects. That demand has fueled an extraordinary rally. A $10,000 investment made at the start of 2023 would be worth around $130,000 today.
Nvidia GPU global expansion
Company leader Jensen Huang recently said Nvidia chips are “everywhere.” The remark tracks with new deals abroad. Samsung, Hyundai, and South Korea’s government plan to deploy more than 260,000 Nvidia chips. A separate agreement with Deutsche Telekom is set to expand AI services across Europe. As part of that $1.15 billion plan, a Munich data center could run as many as 10,000 Blackwell-series chips.
Sales continue to surge. Nvidia reported $46.7 billion in revenue in the second quarter of fiscal 2026, which ended July 27, 2025. Data-center sales made up $41.1 billion, marking a 56% jump from the previous year. Another earnings report is due on Nov. 19. Shares trade near $199, giving the company a market value around $4.6 trillion.
Investing made easy
Many investors who want chip exposure without relying on a single company look to the VanEck Semiconductor ETF, known as SMH. The fund holds 25 major chip makers and equipment suppliers. Nvidia tops the list, while Taiwan Semiconductor Manufacturing, Broadcom, AMD, and Micron also carry significant weight. The fund includes companies that earn most of their money from chips or chip tools.
A $10,000 stake three years ago would be worth more than $38,000 today. The annual fee is 0.35%. Splitting $5,000 evenly between Nvidia and SMH keeps exposure balanced, and both have gained more than 45% this year, beating the Nasdaq Composite.
