SEMI is trading 1.59% up at $38.37, reflecting strong semiconductor-sector momentum after Nvidia’s upbeat earnings and outlook.
- Nvidia forecast approximately 70% revenue growth for its next fiscal year, renewing confidence in sustained AI infrastructure spending.
- Reuters reported Nvidia shares rising 7.4% premarket; CNBC cited gains across Micron, Marvell, Arm, Intel, and AMD.
- No SEMI-specific announcement was identified.