ProShares Ultra Semiconductors is trading 4.2% higher as information technology shares outperform, supported by renewed enthusiasm for artificial intelligence hardware and infrastructure.
- Sector sentiment is boosted by NVIDIA’s new RTX Spark AI PC superchip launch and strong AI-related moves in names like HPE and Marvell.
- Lower 10-year Treasury yields below 4.45% are providing additional tailwinds for growth and tech-levered ETFs.