Max Chen / ETF Trends
Semiconductor ETFs Strengthen Ahead of an Optimistic Nvidia Earnings Report – 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 theVanEck Vectors Semiconductor ETF (SMH) rose 4.6%. Meanwhile, Nvidia shares increased 8.2% …