iShares Semiconductor ETF

SOXX

Market cap $20B

The U.S. Commerce Department's 25% national security tariff on certain high-end semiconductors announced on Wednesday is a "phase one" action to protect the sector and could be followed by other announcements pending negotiations with other countries and companies, a White House official said on Thursday.

Harsh Kumar, Piper Sandler, joins 'Closing Bell Overtime' to discuss the latest news regarding semiconductors, where the latest investments will go and much more.

The US and Taiwan agreed to a long-sought trade pact that would lower tariffs on goods from the self-governed island to 15% and see Taiwanese semiconductor companies increase financing for American operations by $500 billion. Under the terms, which the Trump administration announced Thursday, duties on Taiwanese shipments would fall from the previous 20% rate — putting them on par with Japan and South Korea, which reached their own deals last year.

The US and Taiwan agreed to a trade agreement that would lower tariffs on goods from Taiwan to 15%. Taiwanese semiconductor companies will also invest more in US operations.

Aaron Rakers, Wells Fargo senior equity analyst, joins 'The Exchange' to discuss Rakers' thoughts on semiconductor stocks, what's carrying the sector and much more.

President Trump said Wednesday that he's imposing new tariffs on semiconductor chips. CNBC's Eamon Javers explains.

CNBC Eamon Javers joins 'Money Movers' with the latest on new tariffs.

NVIDIA Corp.'s (NASDAQ: NVDA) and Eli Lilly and Co.'s (NYSE: LLY) newly announced $1 billion AI co-innovation lab underscores how artificial intelligence is spreading beyond data centers into medicine, and ETF investors are beginning to price that into thematic funds.

SOXX is more concentrated in semiconductors than XLK XLK has a lower expense ratio than SOXX SOXX has experienced a deeper maximum drawdown over five years compared to XLK These 10 Stocks Could Mint the Next Wave of Millionaires ›

iShares Semiconductor ETF (SOXX) remains attractive for mid to long-term investors, but hard to recommend a buy at current levels. SOXX's strong 2025 momentum and improved quant grades are offset by high volatility and underperformance versus peers like SMH. Concentration in top holdings and sector volatility keep SOXX's risk profile elevated, though its risk may be overstated relative to tech ETFs.