## [# Chipping Away at Intel Puts Semiconductor ETFs in Focus](/sections/news/chipping-away-intel-puts-semiconductor-etfs-focus)
# Chipping Away at Intel Puts Semiconductor ETFs in Focus
A potential Intel breakup is affecting ETFs like FTXL and FEPI that hold the chip giant, as well as those holding Broadcom and TSMC, which are linked to the deal.
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[By DJ Shaw ](/authors/dj-shaw)
Feb 20, 2025
Edited by: Ron Day
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[Intel Corp. (INTC)](/stock/intc) shares have jumped nearly 18% over five days after reports that [Broadcom (AVGO)](/stock/avgo) and [Taiwan Semiconductor Manufacturing Co. (TSM)](/stock/tsm) are exploring deals that would split the American chipmaker.
The potential breakup of Intel, [reported](https://www.wsj.com/tech/broadcom-tsmc-eye-possible-intel-deals-that-would-split-storied-chip-maker-966b143b) by the Wall Street Journal, may reshape the [semiconductor](/topics/semiconductors) landscape. A major deal would transform not just the companies involved but also the ETFs that track them, as investors evaluate how a restructuring might affect the industry's future growth, manufacturing capabilities and global market positioning.
What does etf.com data tell us about how investors are reacting to a potential Intel split?
First, the $304.3 million [**First Trust Nasdaq Semiconductor ETF (FTXL)**](/ftxl), with 9.3% allocated to Intel, has lost $30.8 million over the past month while falling over 1.5% during this same period.
At the same time, the [**REX FANG & Innovation Equity Premium Income ETF (FEPI)**](/fepi), holding 6.5% Intel among its $480.8 million in assets, has attracted $28.7 million in new money over the same period, data show.
So, the contrast in fund performance and flows highlights investors' uncertainty about how Intel’s potential split would impact semiconductor ETF performance over time.
Broadcom is examining Intel's chip-design business while TSMC explores controlling Intel's factories, with all discussions remaining preliminary, WSJ said.
## ETF Performance Reflects Deal Implications
On the other side of the potential deal, ETFs holding Broadcom, Taiwan Semi or both show contrasting investor sentiment, according to etf.com data.
The [**iShares U.S. Tech Independence Focused ETF (IETC)**](/ietc), with 11.5% in Broadcom, has gained 3.8% over the past month and 11.2% over three months while collecting $37.4 million in inflows, according to etf.com.
The [**Columbia Seligman Semiconductor and Technology ETF (SEMI)**](/semi), holding 15.3% Broadcom exposure, has risen 10.5% over three months.
The [**VanEck Semiconductor ETF (SMH)**](/smh), with $23.5 billion in assets and 13.2% TSM allocation, has experienced $362.3 million in outflows while maintaining a 6.5% three-month performance.
[](/smh)*Source: etf.com*
The [**SP Funds S&P World ex-US ETF (SPWO)**](/spwo), holding 16.5% TSM within its $37.2 million portfolio, has gained 4.7% monthly and 6.2% over three months, etf.com data show.
According to etf.com data, three-month performance remains positive across semiconductor funds despite the uncertainty, with gains between 3.1% and 11.2%, suggesting investors continue seeing value in the sector.
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A graduate of The University of Texas, Arlington with a BA in Communications, DJ has covered retirement plans, mortgage news, and financial advisor… [View Bio](/authors/dj-shaw)
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