Invesco PHLX Semiconductor ETF is trading at $110.78 (+5.21%) as semiconductor stocks extend pre-market gains toward recent highs.
- NVIDIA’s strong AI-driven momentum and record demand are helping lift the broader technology complex.
- Broader markets are supported by lower oil risks and risk-on sentiment following U.S.-Iran de-escalation.
- The sector's upward trajectory follows significant industry milestones, including Nvidia’s recent $25 billion bond sale.