Semiconductor ETFs Brace for Market Volatility Ahead of Nvidia Earnings

Semiconductor Exchange Traded Funds (ETFs) are bracing for potential market volatility in anticipation of Nvidia’s crucial earnings announcement. Put-option trading on VanEck Semiconductor ETF (SMH) has reached its highest level in ten months, reflecting heightened concerns that Nvidia’s results might trigger a ripple effect across the wider semiconductor industry. Nvidia holds approximately 20% of SMH’s assets, meaning significant earnings fluctuations or negative guidance could impact both the ETF and the broader sector.