As of July 16, Advanced Micro Devices (AMD) accounted for 8.43% of the iShares Semiconductor ETF (SOXX), putting it close to Nvidia’s 8.53% weighting, while Micron Technology ranked next at 7.63%, according to Techub News, citing CryptoBriefing. The fund has $45.06 billion in assets under management and has returned 76.27% so far this year. SOXX tracks the NYSE Semiconductor Index and holds 30 chip companies. The report said semiconductors sit at the core of both AI and crypto infrastructure, with bitcoin miners and decentralized computing networks relying on chipmakers. It also noted that AMD has long been favored by miners for its price-to-performance ratio, while Micron’s memory chips are becoming more important as demand for AI models grows.
As of July 16, Advanced Micro Devices (AMD) made up 8.43% of the iShares Semiconductor ETF (SOXX), putting it close to Nvidia’s 8.53% weighting. Micron Technology followed at 7.63%, according to Techub News, which cited CryptoBriefing.
The ETF has $45.06 billion in assets under management and has posted a 76.27% return this year. SOXX tracks the NYSE Semiconductor Index and holds 30 chip companies.
The report said semiconductors are a core layer for both AI and crypto infrastructure. Bitcoin miners and decentralized computing networks rely on these chip manufacturers. It also said AMD has historically been popular with miners because of its price-to-performance ratio, while Micron’s memory chips are becoming increasingly important as demand for AI models rises.
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