First Trust Nasdaq Semiconductor ETF is trading 2.6% up today as semiconductor and broader information technology names continue to benefit from the ongoing AI hardware and memory boom.
- Sector-specific optimism is being driven by rising DRAM and NAND pricing alongside sustained demand for AI-related infrastructure.
- Investors are closely monitoring upcoming earnings from Micron, which are expected to serve as a critical indicator for AI-driven memory demand.
- The upward move comes despite a light macro calendar and mixed futures, highlighting the current strength of the semiconductor narrative.