iShares Semiconductor ETF is trading 2.9% up today as the sector rebounds from a sharp two-day pullback, with traders repositioning ahead of the afternoon FOMC decision.
- Renewed enthusiasm for AI infrastructure is driving gains, supported by Nvidia’s $25 billion bond raise and new data-center partnerships.
- TSMC’s accelerated plans for next-generation AI packaging are boosting sentiment for high-end chipmakers and equipment suppliers.
- Broader information technology names are catching a bid as the market anticipates the Federal Reserve's interest rate guidance.