The semiconductor trade remains one of the market’s clearest growth stories, but the latest institutional filings show a more complicated picture than the usual “smart money is all-in” narrative.
On one side are the passive giants. BlackRock’s Q2 2026 13F filing shows the firm sitting on enormous positions across the semiconductor complex, with Nvidia (NVDA), Broadcom (AVGO), Micron (MU), AMD (AMD), Intel (INTC), Applied Materials (AMAT), and La…
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