Tech ETF (AIQ) is trading 2% higher as the information technology sector extends a powerful AI-driven rally.

  • Market sentiment is bolstered by Micron surpassing a $1 trillion market cap and upbeat expectations for Nvidia’s new Vera architecture.
  • The advance is supported by broad risk-on positioning and strength in large-cap chip and cloud stocks, despite a lack of major U.S. economic data releases.
  • The move reflects sector-wide momentum and increased flows into growth-focused AI infrastructure rather than AIQ-specific news.