NVHE.TO is trading 7.8% higher alongside NVIDIA and the broader technology sector after NVIDIA reported stronger-than-expected second-quarter results and outlook, renewing confidence in AI infrastructure spending.

  • NVIDIA reported $96.2 billion in second-quarter revenue, up 106% year over year, while adjusted earnings reached $2.22 per share.
  • Nasdaq futures and semiconductor peers advanced, supporting the ETF’s concentrated NVIDIA-linked exposure.
  • The move is sector-driven rather than isolated, with attention on inflation and Jackson Hole policy signals.