🟢 VanEck Semiconductor ETF is trading 2.62% up today on renewed AI infrastructure demand and TSMC expansion plans

VanEck Semiconductor ETF is trading 2.62% higher at $632.13 as investors rotate back into high-growth chip names following a sharp June 16 pullback.

• The rebound is driven by renewed enthusiasm for long-term AI infrastructure demand and TSMC’s decision to accelerate its next-generation AI packaging plans.
• Market sentiment remains bolstered by optimism around Nvidia’s AI data-center expansion, even as investors position cautiously ahead of the Federal Reserve’s upcoming policy decision.