U.S. Aerospace ETFs Surge 18.71% in Past Week on SpaceX Mobile Push; AI Chip Funds Decline

According to Financial News, U.S. space and aerospace ETFs surged last week (June 29-July 3), with SOL U.S. Aerospace TOP10 leading at 18.71% gains, followed by KODEX U.S. Aerospace at 17.62% and TIGER U.S. Space Tech at 15.96%. The surge was driven by SpaceX's announced expansion into mobile communications, with plans to launch Starlink Mobile based on a constellation of 40,000 satellites to provide low-cost global connectivity services.

Meanwhile, AI semiconductor ETFs declined sharply over the same period. TIGER U.S. AI Data Center TOP4Plus fell 11.77%, while TIGER Semiconductor TOP10 and PLUS Global HBM Semiconductor dropped 11.49% and 11.02% respectively. The decline was attributed to Meta's entry into cloud computing services, raising market concerns about alleged semiconductor supply shortages as excess AI computational resources become available.