SEC0.DE is trading at €16.11 (+5.52%) as semiconductor stocks rebound following strong Microsoft earnings and cooling inflation data.
- Strong Microsoft earnings helped alleviate AI-spending fears, improving sentiment across the broader Nasdaq and S&P 500.
- A cooler-than-expected PCE inflation reading has eased interest rate concerns, providing additional support for growth shares and the semiconductor sector.
- The ETF is recovering from a prior session selloff triggered by geopolitical tensions and worries over AI-related capital expenditure.