The Nasdaq-linked ETF funds have recently experienced a strong recovery, driven by solid technology earnings, excitement about artificial intelligence, and improving U.S.-China trade sentiment. The Nasdaq Composite Index and QQQ-style ETF funds made a robust recovery in May, with the Nasdaq Composite Index now trading just a few percentage points below its February peak after turning positive for the first time this year. Semiconductor ETFs have also risen, benefiting from optimism around easing export controls. Additionally, some leveraged technology ETFs focused on single stocks surged in early June—some increasing by 25–30%—indicating strong investor demand for concentrated technology exposure.