- Need a List of AI Stocks? Use This Zacks Tool
May 11, 2026
Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you're interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.
For those interested in viewing the Thematic lists, please click here >>> Artificial Intelligence Thematic Screen – Zacks Investment Research.
Let’s take a closer look at the Artificial Intelligence theme and analyze a hot stock that the screen returned, namely Broadcom AVGO.
Artificial Intelligence Screen
The Zacks Artificial Intelligence thematic screen features a diverse set of companies involved in the AI frenzy, ranging from creators of software and hardware that power AI to those applying and utilizing the technology through automation, diagnostics, cognitive tasks, and more.
For those interested in viewing the screen, please click here >>> Artificial Intelligence Thematic Screen – Zacks Investment Research.
Broadcom Benefits from AI Buildout
Reflecting a key player in the AI infrastructure buildout, Broadcom provides custom AI chips and high-speed networking solutions needed to connect massive GPU clusters. Its growth outlook remains bright amid the favorable environment, reinforced by regularly robust quarterly results.
Importantly, AI revenue of $8.4 billion throughout its latest period grew 106% year-over-year, above its forecast and underpinned by strong demand for custom AI accelerators and AI networking.
Bottom Line
Zacks Thematic Screens lets you dive into 30 dynamic investment themes shaping the future. Whether you're interested in cutting-edge technology, renewable energy, or healthcare innovations, our themes help you invest in ideas that matter to you.
Upon running the Zacks Artificial Intelligence Thematic screen, Broadcom AVGO was returned.
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Broadcom Inc. (AVGO) : Free Stock Analysis Report
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- Need a List of AI Stocks? Use This Zacks Tool
May 11, 2026 · zacks.com
The Zacks Artificial Intelligence thematic screen features a diverse set of companies involved in the AI frenzy. Use it to your advantage.
- Qualcomm Stock Just Doubled: Breakout or Blow-Off?
May 11, 2026
Over the last few years, a number of the world's leading semiconductor stocks have enjoyed powerful price appreciation as the AI boom dramatically expanded demand for various forms of silicon. Nvidia (NVDA) and Broadcom (AVGO) have powered hundreds of percent higher over that stretch, while memory players like Micron Technology (MU) and Sandisk (SNDK) having surged 800% and 3,700% respectively in just the last year alone.
But there has been a notable laggard in the semiconductor space, one that powered the mobile revolution and has quietly pivoted its business in recent years to successfully penetrate the automotive market. Over the last year, the company also made clear its intention to enter the AI infrastructure race, pointing to an impending data center deal and continued promise of edge computing dominance. Few paid much attention.
Now, Qualcomm (QCOM) has sucked up all the air in the room. Its stock price has rocketed to new all-time highs, nearly doubling in just the last few weeks. What shifted, if anything? Or are investors simply paying attention to what Qualcomm has been saying all along?
It appears to be a convergence of several key developments, arriving in rapid succession.Zacks Investment Research
Image Source: Zacks Investment Research
QCOM Stock Rally Starts on the OpenAI Catalyst
The spark that lit the fuse came in late April, when it was reported that Qualcomm was set to partner with OpenAI and MediaTek to develop smartphone processing chips. Shares surged as much as 13% in premarket trading on the news alone. What made the report so powerful wasn't just the deal itself, but the narrative reframing. In a single headline, Qualcomm went from "legacy mobile chip company losing its biggest customer" to "edge AI platform positioned at the center of the next computing paradigm." That kind of perception shift is exactly what drives multiple expansion.
Q2 Earnings Push QCOM Shares Higher Again
If the OpenAI rumor lit the match, the Q2 earnings report poured gasoline on it. Qualcomm reported $10.6 billion in revenue and $2.65 in non-GAAP EPS, both ahead of estimates. The stock surged 15% in the session.
But the headline numbers weren't what made investors take notice. The real bombshell was Qualcomm's disclosure of its first custom silicon deal with a still unknown major hyperscaler, with initial shipments expected to begin in the December 2026 quarter. This represents an entirely new total addressable market for the company — one that, until now, has been the exclusive domain of Nvidia, AMD, and Broadcom. If Qualcomm can establish a credible foothold in data center inference silicon, the valuation framework for the stock changes dramatically.
Story Continues
Management also announced a $20 billion share repurchase authorization, signaling confidence in the trajectory and putting a meaningful floor under the stock.
Automotive Is No Longer a Side Story
Lost somewhat in the AI excitement is the fact that Qualcomm's automotive business is becoming a serious growth engine in its own right. Automotive revenue hit a record $1.33 billion in the quarter, up 38% year-over-year, and management guided for approximately 50% year-over-year growth in Q3. The company crossed a $5 billion annualized automotive revenue in Q2 and expects to exit fiscal 2026 above $6 billion annually.
The fifth-generation Snapdragon Digital Chassis platform, which management described as delivering 3x higher CPU throughput and 12x higher NPU performance versus the prior generation, is being designed into vehicles across the industry. This is sticky, high-margin revenue with long design cycles, exactly the kind of business that supports a premium multiple.
The Edge AI Thesis
The broader bull case for Qualcomm rests on a structural argument about where AI inference is heading. Today's AI ecosystem runs on centralized compute as workloads are concentrated in data centers, routed through the cloud, and processed at scale by GPUs. That could ultimately shift. Routing every inference through the cloud is costly, latency-heavy, and power-intensive.
The next phase of AI may move inference to the edge: smartphones, vehicles, IoT devices, PCs, and industrial equipment. Qualcomm's Snapdragon architecture is already embedded in billions of these devices. If on-device AI becomes a significant, or even the dominant inference paradigm, Qualcomm may be the single best-positioned chipmaker in the world for that shift.
This is the thesis the market is beginning to price in, and it explains why the stock has rerated so violently.
Geopolitical Tailwind: A Seat at the Table
As if the fundamental catalysts weren't enough, Qualcomm just picked up a geopolitical tailwind as well. CEO Cristiano Amon announced he will join President Trump during his upcoming visit to China, representing Qualcomm and what the company described as "the strength of American technology leadership on the global stage."
That's a symbolically significant move. Qualcomm has long had deeper ties to the Chinese handset ecosystem than nearly any other US chipmaker — its Snapdragon processors power devices from Xiaomi, Oppo, Vivo, and other major Chinese OEMs. Having a direct seat at the table during high-level trade discussions positions Qualcomm favorably within the current domestic technology policy regime, where the White House has been actively championing American semiconductor companies as strategic national assets.
With the US pursuing a policy framework that incentivizes domestic chip innovation while selectively engaging with China on commercial technology, Qualcomm sits in a unique position, with one foot in the American industrial policy apparatus, the other in the world's largest smartphone market. If sustained engagement translates into more favorable licensing terms, expanded market access, or clearer regulatory guardrails, the financial impact could be material. That said, deeper China engagement cuts both ways. Qualcomm's outsized exposure to Chinese OEMs means it's also potentially vulnerable if trade relations deteriorate or if future export restrictions tighten, which is a risk that has materialized before and could again.
It also reinforces the narrative shift underway. Qualcomm is positioning itself as a pillar of American technology infrastructure, with relevance spanning wireless standards, 6G development, AI, and advanced computing. That's the kind of framing that attracts institutional capital.
The Risks: What Could Go Wrong
A stock that has nearly doubled in a matter of weeks on a narrative shift deserves a sober look at what could derail the thesis. There are three key risks worth weighing.
The most well-known is Apple. The transition away from Qualcomm modems has been underway for years, and CFO Akash Palkhiwala confirmed on the earnings call that Qualcomm's share in this fall's iPhone launch is approximately 20%, with no product relationship beyond that. UBS has estimated this represents a $4 to $5 billion annual revenue headwind from the calendar 2026 baseline. That's real money, but it's also arguably the most priced-in risk in the entire semiconductor space. The market has had years to digest this transition, and the fact that Qualcomm has rallied this aggressively despite the overhang suggests investors are looking through it. The bear case on Apple is valid, but it's not new information.
The more consequential risk may be execution on the hyperscaler data center opportunity. Qualcomm disclosed a multi-generation custom silicon deal with a major hyperscaler, but details remain thin. Shipments aren't expected until the December 2026 quarter, and the company has yet to quantify the revenue opportunity in concrete terms. The data center inference market is fiercely competitive with Nvidia, AMD, and Broadcom all boasting entrenched positions, and hyperscalers themselves are investing heavily in custom silicon. Qualcomm has credible technology, but credible technology and winning market share are two very different things. If the data center ramp underwhelms or timelines slip, the premium the market has assigned to this optionality could unwind quickly.
Finally, there's the edge AI narrative itself. The thesis that AI inference will migrate from centralized data centers to billions of connected devices is intellectually compelling, but it remains largely a forward-looking story. The monetization path for on-device AI is still taking shape, and it's unclear how much incremental revenue Qualcomm can capture beyond what it already earns from selling Snapdragon processors into smartphones and vehicles. If edge AI turns out to be more evolutionary than revolutionary for Qualcomm's financials, the current multiple may prove difficult to sustain.
Qualcomm Valuation: Expensive or Just Catching Up?
Qualcomm's earnings multiple has expanded rapidly amid this rally, moving from roughly 16x forward earnings to 27.4x today. That's a significant rerating in a short period of time, but context matters. QCOM still trades at a notable discount to the semiconductor industry average of 41x.
Historically, Qualcomm and its semiconductor peers have traded at a median 18x forward earnings multiple over the last decade, with the AI boom layering on a substantial premium in recent years. By that standard, QCOM's current multiple is elevated relative to its own history but still well below where the market has been willing to value peers with credible AI exposure. The question is whether Qualcomm continues to close that gap, or whether this rerating has already priced in the upside.
There's another dimension to the valuation picture worth considering: the "E" in the P/E. If these new catalysts prove durable, analysts will likely begin revising earnings estimates higher. Multiple expansion driven by rising estimates is far more sustainable than multiple expansion alone. Today, Qualcomm carries a Zacks Rank #3 (Hold), meaning estimate revisions haven't yet turned decisively positive. That's something to monitor closely in the weeks ahead.Zacks Investment Research
Image Source: Zacks Investment Research
What is Next for Qualcomm Stock
Qualcomm's June 24 Investor Day is the next major catalyst. Management is expected to quantify the data center opportunity and provide more detail on the hyperscaler relationship. If they can credibly size a multi-billion-dollar revenue opportunity in data center inference silicon, the stock likely has room to run. If the details disappoint, profit-taking after a 70% move would be entirely rational.
The setup is compelling, but the stock has already moved a long way on promise rather than proof. Qualcomm has spent years building toward this moment. Whether the next chapter validates the rally or exposes it as premature depends entirely on execution from here.
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QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report
Micron Technology, Inc. (MU) : Free Stock Analysis Report
NVIDIA Corporation (NVDA) : Free Stock Analysis Report
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Broadcom Inc. (AVGO) : Free Stock Analysis Report
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- Amphenol Drops 12% in a Month: Should You Buy the Stock on the Dip?
May 11, 2026
Amphenol APH shares have dropped 12.3% in the past month, underperforming the Zacks Computer and Technology sector’s return of 16.4%. The weakness reflects concerns over a challenging macroeconomic backdrop, rising geopolitical risks and elevated debt levels (total debt rose to about $18.7 billion at the end of Q1’26), following the acquisition of CommScope’s Connectivity and Cable Solutions (CCS) business, and growing tax-related headwinds. Investors have also been wary of potential integration risks tied to the CCS deal, while intensifying competition in optical interconnect and AI data-center connectivity markets remains a key concern.
Despite these challenges, APH continues to benefit from accelerating AI infrastructure spending, supported by a diversified business model and an expanding portfolio strengthened through multiple acquisitions. The company exited first-quarter 2026 with record orders of $9.4 billion and a book-to-bill ratio of 1.24x. Do these positives outweigh the risks, and does the recent pullback present a buying opportunity for investors? Let’s take a closer look.
Amphenol’s Strong Portfolio to Steer Off Competition
APH shares have lagged close competitors Broadcom AVGO and Coherent COHR year to date (YTD), but outperforms TE Connectivity TEL. While shares of TE Connectivity have declined 9.4%, Broadcom and Coherent returned 23.6% and 94.3%, respectively, YTD. In contrast, Amphenol shares have dropped 5.3%. The company’s expanding AI infrastructure portfolio and diversified business are expected to boost share price performance in 2026.
APH Stock’s Price PerformanceZacks Investment Research
Image Source: Zacks Investment Research
Amphenol has expanded its portfolio and market reach through targeted acquisitions across communications, medical and defense verticals. Plethora of acquisitions — Trexon, Rochester sensors, CIT, Lutze, CommScope’s Andrew business, LifeSync, Narda-MITEQ, XMA, Q Microwave, and others — have been driving Amphenol’s prospects. In fact, these acquisitions now allow Amphenol to offer high-speed copper, power interconnects, active and passive copper, active optics and fiber connectivity through CCS. On the first-quarter 2026 earnings call, management repeatedly emphasized that APH now has the “broadest range” of interconnect products across future AI architectures, and this creates a continued long-term growth opportunity.
Moreover, a diversified end-market bodes well for APH’s top-line growth prospects. IT datacom contributed 41% of sales in the first quarter of 2026, while industrial (20%), automotive (11%), defense (8%), commercial aerospace (4%), mobile devices (4%) and communications networks (12%) all contributed meaningfully to the quarterly revenues. This reduces APH’s reliance on any single end market as well as AI, as roughly 60% of sales came from non-IT datacom markets. Amphenol guided for another low teens sequential increase in Q2’26 for IT datacom as AI data center investments continue accelerating. Non-IT datacom markets like Defense and Industrial are now expected to grow high-single digit each for Q2’26.
Story Continues
Strong Liquidity to Boost APH’s Growth Trajectory
Amphenol generates solid cash flow, which allows management the opportunity to invest in product innovations, acquisitions and business development. As of March 31, 2026, Amphenol had $4.6 billion of cash, cash equivalents and short-term investments, down from $11.4 billion as of Dec. 31, 2025, mainly because cash and debt proceeds were used to fund the CCS acquisition.
The company also had no borrowings outstanding under either its revolving credit facility or commercial paper programs at quarter-end, giving APH additional liquidity flexibility. Total liquidity at the end of the first quarter of 2026 was $7.6 billion.
Cash generation remains strong with operating cash flow of $1.1 billion in the first quarter (120% of net income) and free cash flow of $831 million (89% of net income). Amphenol expects strong cash flow generation to continue in 2026.
APH’s 2Q’26 Earnings Estimate Revision Shows Rising Trend
Amphenol expects second-quarter 2026 earnings between $1.14 and $1.16 per share, indicating growth between 41% and 43% year over year. Revenues are anticipated between $8.1 billion and $8.2 billion, suggesting growth in the 43-45% range.
The Zacks Consensus Estimate for second-quarter 2026 earnings is pegged at $1.15 per share, up 9.5% over the past 30 days and indicating 42% growth over the year-ago quarter’s reported figure. The consensus mark for second-quarter 2026 revenues is pegged at $8.18 billion, suggesting 44.8% growth from the year-ago quarter’s reported figure.
Amphenol Corporation Price and Consensus
Amphenol Corporation price-consensus-chart | Amphenol Corporation Quote
APH Shares are Trading at a Premium
Amphenol has a stretched valuation as suggested by a Value Score of D.
In terms of the forward 12-month price-to-earnings (P/E), APH is trading at 25.27X higher than the Zacks Electronics Connectors industry’s 25.27X and TE Connectivity’s 17.02X but lower than Coherent’s 46.46X and Broadcom’s 29.07X.
APH Stock’s ValuationZacks Investment Research
Image Source: Zacks Investment Research
Conclusion
Amphenol’s diversified end-market exposure, expanding interconnect portfolio and strong acquisition execution continue to support solid growth visibility. These factors justify a premium valuation despite a challenging macroeconomic environment and rising debt levels.
APH currently has a Zacks Rank #2 (Buy), which implies that investors should start accumulating the stock right now. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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Amphenol Corporation (APH) : Free Stock Analysis Report
TE Connectivity Ltd. (TEL) : Free Stock Analysis Report
Broadcom Inc. (AVGO) : Free Stock Analysis Report
Coherent Corp. (COHR) : Free Stock Analysis Report
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- Micron Rallies as Memory Chip Shortage Fuels AI Demand
May 11, 2026
This article first appeared on GuruFocus.
Micron Technology (MU, Financials) rose again as investors continued piling into memory chip stocks amid tightening supply and strong artificial intelligence demand.
Warning! GuruFocus has detected 6 Warning Signs with MU. Is MU fairly valued? Test your thesis with our free DCF calculator.
Shares climbed about 9% in morning trading, even as the broader market struggled with higher energy prices and renewed geopolitical concerns. Micron has now gained in 11 of the past 15 sessions and has more than doubled since the end of March.
The rally reflects growing expectations that demand for AI accelerators, inference hardware and advanced memory chips could keep supply tight and boost profitability across the sector.
Analysts have increasingly described the trend as a potential memory supercycle. Seaport Research's Jay Goldberg said stronger-than-expected AI adoption could create windfall gains for chipmakers across memory, logic and networking.
Profit expectations are also rising. Micron, SanDisk and Broadcom are projected to post gross margins above 75% in 2026.
For investors, the key question is whether AI-related memory demand can remain strong enough to support pricing power through 2026 and beyond.
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- Can this massive rally in AI chip stocks continue? Bernstein answers
May 11, 2026
Investing.com -- The Philadelphia Semiconductor Index has surged 66% in just five months and 162% year-on-year, dwarfing returns in the S&P 500 and Nasdaq, but Bernstein analyst Stacy Rasgon believes the rally has further to run, because it has been driven almost entirely by earnings growth rather than multiple expansion.
"While SOX blended NTM earnings estimates are up ~69% since the start of the year, the SOX P/FE multiple is actually down slightly (~2%)," Rasgon wrote, adding that "earnings growth has accounted for more than 100% of the sector move YTD."
The sector currently trades at approximately 28 times forward earnings, which is elevated, but well below peak levels.
Rasgon stated that "the controversy should probably be on earnings sustainability rather than valuations."
Within the sector, Rasgon flagged a growing divergence that he sees as an opportunity. GPU and ASIC names, alongside semiconductor capital equipment stocks, have seen relatively muted multiple expansion despite strong earnings growth, suggesting room for catch-up.
By contrast, analog and CPU names have seen more aggressive multiple re-rating relative to their earnings increases.
Memory stocks have been the most extreme, with average share prices more than tripling year-to-date on an earnings outlook that has nearly quintupled, even as multiples have declined on peak cycle concerns.
Bernstein remains bullish on Nvidia, Broadcom, and semiconductor capital equipment names, noting that Nvidia and Broadcom "both screen cheap" at roughly mid-teens forward earnings on realistic 2027 estimates.
The firm recently warmed to AMD, seeing a path to $20 in earnings per share by 2028, and rates Applied Materials, KLA, and Lam Research Outperform as well.
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- AI chip stocks surge as investors refocus on growth
May 11, 2026
This article first appeared on GuruFocus.
AI and semiconductor stocks came roaring back Friday, with investors largely brushing aside Middle East tensions and piling back into the names most closely tied to the AI boom.
Micron (NASDAQ:MU) was one of the biggest winners, soaring around 14% as investors continued leaning into the memory chip story powering AI servers and data centers. The stock has now surged roughly 155% this year, making it one of the hottest names in the entire semiconductor space. Advanced Micro Devices (NASDAQ:AMD) also kept its momentum going, jumping nearly 9% after its earnings report earlier this week reinforced the view that AI demand is still accelerating. The stock is now up more than 100% year to date.
Warning! GuruFocus has detected 6 Warning Signs with MU. Is MU fairly valued? Test your thesis with our free DCF calculator.
Nvidia (NASDAQ:NVDA), Qualcomm (NASDAQ:QCOM), Broadcom (NASDAQ:AVGO) and Intel (NASDAQ:INTC) also traded higher as money flowed back into AI infrastructure plays. Even with headlines around Iran and the Strait of Hormuz still creating uncertainty in broader markets, traders appeared more focused on signs that the AI spending cycle remains extremely strong.
The rally was not limited to chipmakers either. Equipment companies like Applied Materials (NASDAQ:AMAT), KLA (NASDAQ:KLAC) and ASML (NASDAQ:ASML) also moved higher, which suggests investors still expect heavy spending on servers, networking gear and advanced manufacturing capacity over the coming years.
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- This Week In AI Chips - NVIDIA Strengthens Board with Strategic Leadership Addition
May 11, 2026
NVIDIA has announced the addition of Suzanne Nora Johnson to its board of directors, effective July 13, 2026. Her extensive leadership experience across finance, technology, and healthcare is anticipated to provide significant strategic insights for NVIDIA as it continues its advancements in AI and accelerated computing. Johnson's previous roles at Goldman Sachs and current board positions emphasize her expertise and potential contribution to NVIDIA's efforts in shaping the future of AI technologies. Her appointment comes as NVIDIA expands its board to accommodate growing initiatives in the AI chip industry.
NVIDIA last closed at $215.20 up 1.7%, hovering around its 52-week high.
Elsewhere in the market, Hangzhou Changchuan TechnologyLtd was trading firmly up 20% and ending trading at CN¥218.41. In the meantime, Kokusai Electric trailed, down 4% to end trading at ¥7,062.
NVIDIA's platform innovation and AI solutions drive strong growth amid digital transformation. Click to explore the full narrative on NVIDIA's strategic advancements and potential.
To explore further, revisit our Market Insights article "What the Next 25 Years Will Look Like," highlighting the massive $100B AI chip opportunity and evolving semiconductor market competition—don't miss out on timely insights!
Best AI Chip Stocks
Micron Technology ended the day at $746.81 up 15.5%, hovering around its 52-week high. Advanced Micro Devices settled at $455.19 up 11.4%, not far from its 52-week high. Broadcom closed at $430.00 up 4.2%, hovering around its 52-week high.
Turning Ideas Into Actions
Explore the 123 names, such as Sanan OptoelectronicsLtd, United Microelectronics and Hua Hong Semiconductor, from our AI Chip Stocks screener here. Searching for a Fresh Perspective? We've found 14 US stocks that are forecast to pay a dividend yeild of over 6% next year. See the full list for free.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources:
Simply Wall St "NVIDIA Names Suzanne Nora Johnson to Board of Directors" from NVIDIA on GlobeNewswire (published 08 May 2026)
Story Continues
Companies discussed in this article include SZSE:300604 NasdaqGS:MUNasdaqGS:AMDNasdaqGS:AVGONasdaqGS:NVDA and TSE:6525.
This article was originally published by Simply Wall St.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- This AI Stock Is Now Worth More Than Tesla, Meta And Walmart
May 11, 2026
The $2 trillion-market-value club just got bigger. And it's not Tesla, Meta Platforms or Walmart.
Continue Reading
- Should You Invest in the iShares Expanded Tech Sector ETF (IGM)?
May 11, 2026
If you're interested in broad exposure to the Technology - Broad segment of the equity market, look no further than the iShares Expanded Tech Sector ETF (IGM), a passively managed exchange traded fund launched on March 13, 2001.
Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.
Sector ETFs are also funds of convenience, offering many ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Technology - Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 2, placing it in top 13%.
Index Details
The fund is sponsored by Blackrock. It has amassed assets over $10.31 billion, making it one of the largest ETFs attempting to match the performance of the Technology - Broad segment of the equity market. IGM seeks to match the performance of the S&P North American Technology Sector Index before fees and expenses.
The S&P North American Expanded Technology Sector Index comprises of North American equities in the technology sector and select North American equities from communication services to consumer discretionary sectors.
Costs
Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same.
Annual operating expenses for this ETF are 0.39%, making it one of the cheaper products in the space.
It has a 12-month trailing dividend yield of 0.14%.
Sector Exposure and Top Holdings
While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis.
This ETF has heaviest allocation in the Information Technology sector -- about 83.7% of the portfolio, followed by Telecom.
Looking at individual holdings, Broadcom Inc (AVGO) accounts for about 8.49% of total assets, followed by Apple Inc (AAPL) and Nvidia Corp (NVDA).
The top 10 holdings account for about 53.51% of total assets under management.
Performance and Risk
So far this year, IGM has added roughly 19.56%, and is up roughly 60.61% in the last one year (as of 05/11/2026). During this past 52-week period, the fund has traded between $100.45 and $154.38.
The ETF has a beta of 1.36 and standard deviation of 23.03% for the trailing three-year period, making it a medium risk choice in the space. With about 293 holdings, it effectively diversifies company-specific risk.
Story Continues
Alternatives
iShares Expanded Tech Sector ETF holds a Zacks ETF Rank of 1 (Strong Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, IGM is a great option for investors seeking exposure to the Technology ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well.
State Street Technology Select Sector SPDR ETF (XLK) tracks Technology Select Sector Index and the Vanguard Information Technology Index Fund ETF Shares (VGT) tracks MSCI US Investable Market Information Technology 25/50 Index. State Street Technology Select Sector SPDR ETF has $113.95 billion in assets, Vanguard Information Technology Index Fund ETF Shares has $135.73 billion. XLK has an expense ratio of 0.08%, and VGT charges 0.09%.
Bottom Line
To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.
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iShares Expanded Tech Sector ETF (IGM): ETF Research Reports
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