The iShares MSCI Global Semiconductors UCITS ETF USD Acc is trading at $22.23 (+2.89%), lifted by a surge in semiconductor stocks following highly influential comments from Nvidia's CEO.
- At the Computex conference today, Nvidia CEO Jensen Huang called component maker Marvell Technology (MRVL) the "next trillion-dollar company," causing MRVL shares to surge over 21%.
- The positive sentiment has spread across the chip sector, reinforcing the ongoing AI-driven market theme and boosting semiconductor ETFs.