AVGY.TO is trading 3.1% up today as major U.S. indices stage a strong recovery, led by a bounce in the tech-heavy Nasdaq following a multi-day pullback in AI and semiconductor names.
- The Nasdaq jumped more than 2% as investor sentiment improved following reports of easing geopolitical tensions between the U.S. and Iran.
- Option-income technology products linked to Broadcom and other semiconductor peers are seeing renewed interest as traders re-enter high-beta AI and chip exposures.
- This rebound follows a sharp multi-day decline in the semiconductor sector that had pressured the ETF throughout the previous week.