Vishay’s 300% Breakout Just Put The Spotlight On An Overlooked Corner Of Semiconductor ETFs

Investors chasing semiconductor-sector gains have spent the past two years focused on artificial intelligence giants such as Nvidia Corp (NASDAQ: NVDA ) and Broadcom, Inc (NASDAQ: AVGO ). But a 300% year-to-date rally in Vishay Intertechnology Inc (NYSE: VSH ) suggests a different corner of the chip market may be emerging as an ETF opportunity . Shares of the discrete semiconductor and power electronics manufacturer surged nearly 14% on Tuesday morning after the company reported first-quarter revenue of $839.2 million, topping analyst expectations. Vishay also returned to profitability with earnings per share of $0.05, beating consensus estimates, while management guided second-quarter revenue above Wall Street forecasts. The results helped push the stock to a fresh all-time high above $66 , extending a remarkable run that has lifted its market capitalization to roughly $8.7 billion. The stock lost the morning momentum and is down around 3% as of 12.30 pm, EST, Tuesday. Still, the stock is up significantly this year and is worthy of a spot in the limelight. While Vishay itself remains a relatively small holding in most semiconductor funds, its rally highlights a broader trend: gains are beginning to spread beyond AI infrastructure leaders and into companies tied to electric vehicles, industrial automation, renewable energy systems and power management technologies. That shift could favor more diversified semiconductor ETFs over funds heavily concentrated in a … Full story available on Benzinga.com