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

SEMI.AX is trading up 3.1% as global semiconductor stocks rally following NVIDIA’s blockbuster quarterly results.

• NVIDIA beat profit and revenue expectations, announced an $80 billion buyback, and raised its dividend.
• The results reinforced optimism around AI-related chip demand, driving broad-based gains across the semiconductor sector.
• As SEMI.AX tracks a basket of major semiconductor names, the strong reaction in NVIDIA and its peers has lifted the entire ETF.