🟢 VanEck Semiconductor ETF is trading 3.2% up today as AI and semiconductor names rebound after Fed meeting

VanEck Semiconductor ETF is trading at $644.00 (up 3.2%) in pre-market action as investors rotate back into AI and semiconductor names following a Fed-induced selloff.

• The move reflects a recovery from the June 17 risk-off sentiment sparked by the Federal Reserve meeting, with the ETF outperforming the broader market.
• Nasdaq futures are trading meaningfully higher as investors reassess long-term AI demand and the Fed’s data-dependent stance on interest rates.