I come from the semi sector, a certain saturation or more restrained industry mood is setting in, but in my opinion the end of the flagpole has not yet been reached.
Of course, computing power is one of the key factors for AI, apart from generally improving the model, it just helps to have more computing power available. Let me put it this way: every gold digger needs a shovel ;)
For the semiconductor sector, the <security:n/a:IE00BMC38736> from Vaneck is better in my opinion. Because the ishares also has a lot of solar stuff in it. I have both and the Vaneck has done better. The sector has already gone crazy in 2024 alone. no idea how long it will go.