🟢 Tech ETF (SPRX) is trading 2% up in after-hours trading as semiconductor sentiment stabilizes after Marvell's selloff

SPRX is trading at $45.23 (+1.99%) in after-hours trading as AI and semiconductor sentiment stabilizes after Marvell Technology fell despite an earnings beat and stronger forecasts.

• Investors judged Marvell’s longer-term outlook insufficient for elevated expectations.
• The broader technology backdrop remains mixed: NVIDIA’s prior-session rally supports the sector, while a hawkish Kevin Warsh Jackson Hole message, softer Nasdaq performance, and weak futures limit follow-through.