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Chip Stocks Rallying This Year

NEW YORK (TheStreet) -- The VanEck Vectors Semiconductor ETF (SMH) is up by 22.33% year-to-date, while the S&P 500 has risen just 6.89%, according to

"Chips have been on an absolute tear," said CNBC's Scott Wapner on Thursday afternoon's "Halftime Report."

"Clearly the earnings have provided the evidence that chips are the place to be, but I also think there has been a little bit of recovery in the emerging market asset class, specifically as it relates to...