State Street SPDR S&P Semiconductor ETF is trading at $601.37 (+5.19%) as semiconductor shares rebound from a sharp recent selloff.
- The rally is supported by Marvell Technologyβs inclusion in the S&P 500, which is strengthening investor sentiment across the chip sector and AI-infrastructure names.
- Broader market strength is providing additional tailwinds, with the Nasdaq and growth stocks leading higher as easing geopolitical tensions reduce global risk aversion.