#NasdaqETFUpdate
🔍 #NasdaqETFUpdate – Quick Highlights
Semiconductor Optimism: Nasdaq edged up ~0.3% on hopes of eased U.S.–China chip export restrictions; the iShares Semiconductors ETF jumped 2.4%, with Qualcomm and AMD gaining 4–5% .
Tech Surge Fuels Bull Market: QQQ ETF surged ~30% from April lows, entering a bull phase driven by AI strength, reaching ~$515 — the highest since March .
Strong Inflows: May saw $7.2 B net inflows into QQQ—the second-largest monthly inflow in its 10‑year history—as Nasdaq‑100 rallied nearly 9% .
Mega‑Cap Swing Risk: Tesla’s ~14% drop following a public feud dented Nasdaq‑100, highlighting the outsized influence of mega‑cap stocks and overlapping ETF exposures .
AI’s Power Play: Earnings from Nvidia (73% data‑center chip revenue growth) sparked rallies in tech and semiconductor ETFs; Nasdaq Composite is up ~26% since early April .
---
📌 Summary: Nasdaq‑100 & related ETFs are powering ahead—driven by AI & semis, buoyed by massive investor inflows, but remain sensitive to mega‑cap volatility