QBIT.SW is trading at CHF 18.17, up 11.2% today, as global semiconductor sentiment recovers and easing geopolitical tensions spark a broader risk-on rally.
- The ETF is extending a sharp rebound following recent volatility, supported by a recovery in chip leaders after profit-taking in the Korean market.
- Easing Middle East tensions and falling oil prices have bolstered growth and AI-related plays, benefiting the fund's focus on global memory and disruptive tech names.