iShares Semiconductor ETF is trading 2% higher in pre-market action on June 22, 2026, as semiconductor and broader information technology names remain bid on sustained AI-related chip demand and supportive Nasdaq futures.
- Traders are focusing on sector-specific drivers, including ongoing strength in AI, memory, and foundry names, bolstered by strong earnings commentary from Asian chipmakers.
- Market sentiment is further lifted by growing optimism surrounding upcoming Nvidia earnings, which is providing a tailwind for the broader technology sector.
- With no major macroeconomic data on the calendar, the industry is benefiting from concentrated interest in high-growth semiconductor themes.