VanEck Semiconductor ETF is trading 1.5% higher as semiconductor and AI-related names continue to lead global risk appetite amid easing geopolitical concerns.
- Market sentiment is supported by headlines regarding Samsung’s accelerated mega-fab construction and high anticipation for key AI memory earnings reports scheduled for this week.
- The broader information technology segment is seeing gains as U.S. futures and Asian markets trend higher, despite a relatively light U.S. economic data calendar.