AI Capex Boom Drives Hottest ETF Trade Into Semiconductors, Not Crypto
BeInCrypto
Retail investors are prioritizing semiconductor ETFs over crypto funds, driven by an massive surge in AI-related infrastructure capital expenditures.Summary
Retail investors have shifted their focus toward semiconductor exchange-traded funds, which saw record inflows of $5.5 billion in April 2026. This trend is fueled by a massive "AI capex supercycle," with major technology companies projecting up to $720 billion in AI-related infrastructure spending. While chip-focused ETFs like SMH and SOXX achieve historic success, crypto-related funds have seen weaker performance and stagnant returns, signaling a structural pivot in retail interest toward artificial intelligence hardware over digital assets.
(Source：BeInCrypto)