NVHE.TO is trading at CA$12.46, up 3.06%, as NVIDIA’s rebound may be amplified by the fund’s concentrated exposure. - NVIDIA shares rose about 1.6% after four losing sessions, with several chip stocks gaining ahead of AMD earnings. - Reported NVIDIA exposure exceeds 100% of assets, so moves in the stock can be amplified in the fund. - Investors remain cautious about AI spending and await U.S. midterm results; these factors temper, but do not fully explain, the ETF’s gain.