🟢 Invesco PHLX Semiconductor ETF is trading 6.5% up today on a semiconductor rebound and Apple-Intel AI alliance

Invesco PHLX Semiconductor ETF is trading 6.5% up today as semiconductor and information technology names track a strong rebound following last week’s pullback.

• The rally is fueled by ongoing enthusiasm for artificial-intelligence infrastructure demand and a strategic manufacturing alliance between Apple and Intel.
• Apple’s AI-focused price hikes and a broad recovery among key chipmakers are further lifting semiconductor-heavy tech benchmarks and sector ETFs.