State Street SPDR S&P Semiconductor ETF is trading 5.1% higher today as the sector rebounds from a prior 11% selloff amid stronger Nasdaq futures and AI-driven optimism.
- Sentiment is being driven by Marvell’s upcoming addition to the S&P 500 and continued demand for AI data center infrastructure.
- The recovery follows a significant rate-shock selloff on June 5, with investors now re-risking into high-growth semiconductor names.