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Micron and NVIDIA Lead Semiconductor Gains on June 18

Adam Rogers
Micron and NVIDIA Lead Semiconductor Gains on June 18

Semiconductor stocks have spiraled upwards today. The VanEck Vectors Semiconductor ETF (SMH) is up 4.6% currently, while the iShares PHLX SOX Semiconductor ETF (SOXX) is up 4.9%. Though trade war concerns remain, some stocks like NVIDIA might be undervalued due to their recent declines.