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Play artificial intelligence with semiconductor ETF: VanEck CEO

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Investing in semiconductors may be the most efficient way to play the artificial intelligence boom, according to VanEck’s CEO. “Semiconductors have become the heart of the AI trade,” Jan van Eck told CNBC’s “ETF Edge” this week. His firm’s VanEck Semiconductor ETF (SMH), which tracks 25 of the biggest chipmakers in the country, is up … Read more

NVDA, BA, SNAP, TSN and more

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Check out the companies making headlines in midday trading. Nvidia — The chipmaker climbed nearly 5% and reached an all-time high after Goldman Sachs increased its price target to $800 per share from $625. Catalent , Novo Nordisk — The contract drug manufacturer climbed about 10% on the back of an agreement to get taken … Read more