Movement Alert|VanEck Semiconductor ETF Rises 3.03% in Pre-Market Trading, Global Storage Capacity Sold Out and Policy Tailwinds Converge

Market Focus
Aug 04

On August 4, VanEck Semiconductor ETF rose 3.03% in pre-market trading, trading at approximately $561.51 per share, with turnover of $14.92 million.

Multiple catalysts drove the semiconductor sector higher. On the policy front, China published its revised Integrated Circuit Layout Design Protection Regulations, further strengthening intellectual property protections for the chip industry. Meanwhile, global memory production capacity has been reported as fully sold out, tightening supply conditions. Analysts noted that AI is driving a new upcycle in global wafer fab capital expenditure, with advanced logic and advanced memory forming a synchronized expansion wave, pushing semiconductor equipment from cyclical recovery into a structural growth phase.

Broader pre-market strength was visible across semiconductor and storage names, with Marvell Technology and AAOI rising over 5%, and Western Digital up over 4%, reinforcing the sector-wide momentum.

The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.

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