Published: Jan. 3, 2026 at 9:00\u202fa.m. ET<\/p>\n
Some investors may need to be reminded that the semiconductor industry is cyclical. And after several years of incredible gains for shares of dominant chip makers amid the boom in generative artificial intelligence, it might be best to steer clear of competition at the top \u2014 and focus more on companies that provide essential equipment and services to semiconductor manufacturers.<\/p>\n
Nvidia NVDA<\/a> is now the largest stock within the S&P 500 SPX<\/a>, with a market capitalization of $4.6 trillion. It makes up 7.7% of the SPDR S&P 500 ETF Trust SPY<\/a>. If you are a U.S. investor who likes index funds, chances are that you have a lot of money indirectly invested in Nvidia.<\/p>\n","protected":false},"excerpt":{"rendered":"Published: Jan. 3, 2026 at 9:00\u202fa.m. ET Some investors may need to be reminded that the semiconductor 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