SPMO is trading at $144.84, up 1.59%, as renewed AI-chip optimism after SK Hynix’s record results lifts semiconductor sentiment.

  • SK Hynix reported operating profit up 632% year over year and robust AI-memory demand; its outlook pointed to prolonged memory tightness.
  • Investors awaited the 2:00 p.m. ET Fed decision and after-close Microsoft and Alphabet earnings. Broader U.S. trading was mixed, making the tech rally the clearer driver.