Semiconductor ETFs Strengthen Ahead of an Optimistic Nvidia Earnings Report

by Trading & Investing | 02/15/2022, 15:16

Nvidia (NasdaqGS: NVDA) surged on Tuesday, lifting semiconductor sector-related exchange traded funds, as traders took an optimistic bet on the chipmaker ahead of its earnings release. On Tuesday, the iShares PHLX Semiconductor ETF (NasdaqGS: SOXX) gained 4.8% and the VanEck Vectors Semiconductor ETF (SMH) rose 4.6%. Meanwhile, Nvidia shares increased 8.2% on Tuesday. NVDA makes up […] Read more at ETFtrends.com.

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