SEMI.AX is trading around A$37.38, up 3.1% today, as semiconductor stocks rallied globally following NVIDIA’s blockbuster quarterly results and capital return announcements.

  • NVIDIA’s strong AI-driven revenue growth, massive $80 billion buyback, and dividend hike boosted sentiment across the global chip sector.
  • The rally lifted key semiconductor indices and ETFs, including SEMI.AX, which tracks a basket of leading global semiconductor companies.