SEMI - ETF Securities Semiconductor ETF

I’d agree @Dona Ferentes and @peter2 . $NVDA is showing lower highs and lower lows. The supply lines for elements making up semiconductors start, go through and end up in so many different countries that it will be a nightmare for importers and factories. Then again Trump could reverse course should a majority of countries not rise to the bait of negotiation and apply reciprocal tariffs.

gg

I would even dare to say:
Has anything fundamental and positive happened since 2023? so a $7.5 would be no more crazy than the semi price was in 2023...
Absolutely no fundamental for it to be above that today?
Probably less, so could fall by half,... ok 40% to take a $ for $ after inflation
So yes a 7.5 target would not be crazy NOR implying a total collapse at all..