VanEck Semiconductor ETF is trading 1.6% up today, rebounding in after-hours following a volatile Fed-driven session that pressured the broader tech sector.
- The recovery reflects renewed buying in AI and semiconductor names as investors reassess long-term demand and Nvidia’s major AI infrastructure and data center expansion plans.
- Sentiment is further bolstered by TSMC-led capacity growth projections, outweighing concerns regarding the Federal Reserve’s hawkish but steady interest rate stance.