🟢 SPTE is trading 3.6% up today on a semiconductor rebound following Micron’s strong AI guidance

SPTE is trading 3.6% higher in pre-market sessions as information technology and semiconductor shares rebound following a recent sector-wide selloff.

• The recovery is driven by Micron Technology’s strong earnings beat and robust AI-driven guidance, which has eased investor concerns regarding the AI trade.
• Broader market strength is providing additional tailwinds, with Nasdaq-linked futures rising sharply ahead of the opening bell.
• The positive momentum in growth and AI-exposed technology stocks is directly supporting SPTE’s technology-heavy portfolio.