VUG is trading at $86.75, up +2.42%, as AMD’s record Q3 revenue and upbeat Q4 outlook boost semiconductor and AI-related shares.
- AMD reported $13.4 billion in Q3 revenue and forecast about $17 billion for Q4.
- Post-election relief is supporting growth stocks as investors respond to clearer congressional results and reverse initial uncertainty.
- The broader market is sharply higher. Services PMI is due at 10:00 a.m. ET; no verified reading was supplied.