Semiconductor ETF (SMH) Just Caught a Monster Inflow

The chip sector is heating up. VanEck's Semiconductor ETF pulled in roughly $526M in fresh cash this week — that's a 1.5% bump in outstanding shares. The move signals institutional money flooding back into semiconductor plays.

Here's what caught the inflow:

NVIDIA jumped 2.7% today. Taiwan Semi (TSM) edged up 0.8%. Micron (MU) — the real winner — popped 4.3%.

SMH itself is trading at $365.16, sitting just below its 52-week peak of $372.78. Since its low of $170.11, the ETF has nearly doubled. The 200-day MA is acting as solid support, signaling institutional accumulation.

When ETFs see this kind of inflow, it means new units are being created to meet demand — and that forces fund managers to buy the underlying holdings. For mega-cap semis like NVDA and TSM, it can be a meaningful tailwind.

The message is clear: money is rotating back into semiconductor exposure. Whether this holds depends on earnings and macro conditions ahead.