Invesco SOXQ ETF Climbs 63% as Chip Sales Surge

Invesco’s SOXQ ETF has gained more than 63% year-to-date while the Semiconductor Industry Association reported sharp increases in global chip sales. The SIA cited World Semiconductor Trade Statistics data showing sales rose 61.8% year-over-year in February and 79.2% in March, placing the industry on pace to reach $1 trillion in 2026.

John Neuffer, president and CEO of the Semiconductor Industry Association, said, “Global chip sales remain on track to reach $1 trillion in 2026, with Q1 sales significantly exceeding sales in Q4 2025.” The association noted strong sales across the Asia Pacific region, the Americas and China.

SOXQ follows the PHLX SOX Semiconductor Sector Index and had about $1.96 billion in assets under management. The ETF holds 31 stocks and will mark its fifth anniversary next month. The average market capitalization of holdings is roughly $970.11 billion. Top positions include Micron Technology, Broadcom, Advanced Micro Devices and Nvidia.

Regional SIA data showed March year-over-year increases of 108.5% in Asia Pacific/All Other, 83.1% in the Americas, 74.8% in China, 46.5% in Europe and 7.4% in Japan. Month-to-month sales in March rose 13.3% in the Americas, 12.7% in China, 9.8% in Asia Pacific/All Other, 8.4% in Europe and 7.1% in Japan.

Nearly 90% of SOXQ’s constituents are based in the United States, while many generate significant revenue from overseas markets. The ETF charges 0.19% annually, equal to $19 on a $10,000 investment. Over the past three years, SOXQ has outperformed a competing iShares semiconductor fund by about 1,770 basis points.

Market observers have cited the expansion of AI-related data centers and demand for memory and logic chips as factors behind rising sales. ETFs that track semiconductor indexes have concentrated exposure to large-cap firms involved in AI hardware and related systems.