VanEck Semiconductor UCITS ETF is trading 3% higher today as the Federal Reserve’s decision to hold interest rates at 3.50%–3.75% fuels a strong rebound in global semiconductor shares.
- The Federal Reserve's signal of a data-dependent policy has eased investor fears of an imminent aggressive hiking cycle, providing a significant tailwind for growth-oriented sectors like chips.
- A broader risk-on tone across U.S. tech benchmarks and futures is lifting the sector as investors refocus on long-term demand for AI and data-center infrastructure.