NASDAQ:NVDA 18 June 2025 - 27 June 2025

The VanEck Semiconductor ETF saw $6.93 billion in net inflows in a single day, accounting for 8.78% of its assets and representing about 32% of the $21.46 billion invested in U.S. technology sector funds. Nvidia traded 0.5% lower in premarket after a previous 3% jump, with the decline attributed to broader market factors such as U.S.-Iran talks, lower Brent crude prices, and rising yields. AI stocks continued to perform well, with SK Hynix surpassing Samsung as South Korea’s largest listed company, driven by memory chip demand. GE Vernova, Vertiv, Eaton, and Nvidia all posted gains over the four-session week, while U.S. regulators gave regional grid operators 60 days to address rules for connecting large electricity users like data centers. Flex is set to join the S&P 500, closing at $147.61 after heavy trading. The S&P 500, Nasdaq, and Dow all posted gains for the week, with upcoming catalysts including May PCE inflation data and Micron’s earnings report. Congressional and Trump family financial disclosures revealed significant holdings in major tech firms, including Nvidia, Apple, Alphabet, Amazon, and others, as well as substantial transactions and stakes in various companies. Intel rose 10.64% after President Trump announced Apple would collaborate with Intel on U.S. chip design and manufacturing, though neither company confirmed details. TSMC’s U.S. shares surged 6.9% in one session and 9% for the week, while Nvidia and the PHLX Semiconductor Index also posted strong gains. SpaceX shares fell while Nvidia’s market cap reached about $5.14 trillion. Markets were closed for Juneteenth, with attention turning to Micron’s earnings and inflation data as the next key events. The Federal Reserve kept its benchmark rate unchanged, and chip stocks rebounded on news of potential Apple-Intel collaboration.