Global X Semiconductor ETF is trading 5.1% up today at $44.14 following a sharp sector-wide rebound in semiconductor and AI-related names.
- The move tracks a powerful global risk-on rally in technology and AI stocks following a tentative U.S.βIran peace deal that eased energy and interest rate fears.
- Fresh optimism around AI chip demand and strong gains in key industry leaders like Micron and Nvidia are providing additional tailwinds for the ETF.