On August 28, Vanguard Information Technology ETF rose 3.03% in regular trading, trading at $121.58/share, with turnover of $287 million.

On the news front, NVIDIA reported fiscal Q2 earnings and revenue that more than doubled year-over-year, while issuing fiscal Q3 revenue guidance of approximately $108 billion, well above the consensus estimate of $103.9 billion. NVIDIA shares surged over 8% intraday, adding more than $420 billion in market capitalization. The Philadelphia Semiconductor Index rose over 1.5%, with Broadcom and Intel each gaining more than 3.5%. Separately, Salesforce rallied over 20% and Crowdstrike climbed 18% after both reported strong results, with Crowdstrike raising guidance citing accelerating AI-driven security demand. JPMorgan raised its NVIDIA price target to $320, calling management's FY28 guidance of 70% revenue growth likely conservative.

Vanguard Information Technology ETF tracks the MSCI US Investable Market Index/Information Technology 25/50, comprising large-, mid-, and small-cap U.S. information technology stocks. The fund employs a full-replication indexing approach, holding each constituent in approximate proportion to its index weighting.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)