USD ETF (USD) is trading 1.7% up today as its information technology–heavy portfolio benefits from blockbuster Dell AI-server results and ongoing enthusiasm for AI infrastructure.
- The sector is seeing strong performance in AI-related hardware and optimism regarding next-gen memory such as Samsung’s HBM4E.
- Broadly positive U.S. equity markets and easing geopolitical risk premia are providing additional support to semiconductor-focused assets.