LYTE is trading at $20.11, up +1.57%, as technology shares rebound from last week’s AI-related selloff.
- Lower Treasury yields and easing oil prices are supporting risk appetite.
- Semiconductor stocks are leading the recovery after a steep decline; Intel’s JPMorgan upgrade added sector support.
- Investors remain wary of AI infrastructure costs and debt financing, making this appear to be a relief rebound rather than a resolution of those concerns.