WGMI is trading at $50.62 (+2.72%), benefiting from broad technology-sector strength as investors favor AI infrastructure and semiconductor companies.
- NVIDIA rose 3.03%; Applied Materials, Lam Research, and Micron also advanced after strong AI-infrastructure results from CoreWeave and Super Micro Computer.
- In-line July inflation reduced fears of near-term Fed tightening, easing rate pressure on growth stocks, while traders awaited July PPI.
- NVIDIA’s proposed $500 billion financing initiative further reinforced expectations for sustained AI-data-center demand.