Tech ETF (FTEC) is trading 1.8% up today as investors rotate back into information technology, with the Nasdaq hitting fresh record highs amid improving risk appetite and easing Middle East tensions.

  • Semiconductor and AI-infrastructure names are leading the advance following Dell’s significant AI server earnings beat and raised outlook.
  • Optimism surrounding next-generation AI hardware, such as high-bandwidth memory, continues to bolster the sector’s growth narrative and investor sentiment.