Mutual Funds to Grab as AI Optimism Drives Semiconductor Sales

AI optimism has continued to drive semiconductor sales, supporting expectations for mutual funds with significant exposure to chipmakers. Global semiconductor sales reached $120.6 billion in May, up 9.2% from April’s $110.5 billion, according to the Semiconductor Industry Association. Year over year, May sales rose 104.1% from $59.1 billion in May 2025, and monthly gains have occurred for 15 consecutive months through the first five months of 2026. The article notes that investor concerns about the sector’s rapid expansion have recently pressured some AI-related semiconductor stocks, leading some investors to shift toward defensive areas. It cites April and May strength following an “outstanding” first quarter in which sales climbed to $298.5 billion, a 25% sequential increase. It also points to demand from the Internet of Things, 6G communications, AI infrastructure, and automotive. Mutual fund examples named include Fidelity Advisor Semiconductors Fund Class I (FELIX), T. Rowe Price Science & Tech (PRSCX), and DWS Science and Technology A (KTCAX), each discussed as having a Zacks rank of 1 or 2 and minimum initial investment around $5,000.