iShares MSCI Global Semiconductors UCITS ETF USD Acc is trading 2.9% up today as investors pile into AI-related chip names following bullish remarks from Nvidia’s CEO at the Computex conference.
- Nvidia’s CEO highlighted Marvell Technology as a potential next trillion-dollar company, sparking a powerful rally across semiconductor stocks.
- Broader enthusiasm for AI infrastructure and custom chips lifted major semiconductor ETFs and indices globally.
- The fund, which tracks global semiconductor names, moved in tandem with the sector-wide upswing driven by AI growth prospects.