🟢 SEMI.AX ETF (SEMI.AX) is trading 3.1% up today as NVIDIA’s blockbuster results spark a global chip rally

SEMI.AX ETF (SEMI.AX) is trading 3.1% up today at A$36.79 as semiconductor stocks globally rallied following NVIDIA's exceptional quarterly results.

• NVIDIA reported blockbuster earnings, announced a massive $80 billion share buyback program, and increased its dividend.
• As a key AI bellwether and major holding in semiconductor indices, NVIDIA's performance boosted sentiment across the entire chip sector.
• The move reflects broad strength in AI-exposed chipmakers rather than specific news related to the ETF or macroeconomic data.