First Trust Dow Jones Internet Index Fund is trading 2.1% up today as renewed AI enthusiasm and strong momentum from late May drive gains across internet and information technology names.

  • NVIDIA’s move to launch 3nm Windows PC chips is boosting sentiment around AI-driven demand across semiconductors, cloud, and internet platforms.
  • The fund’s outsized gain reflects sector-specific strength in growth and AI beneficiaries rather than a broad risk-on move, as the wider market remains only modestly higher.