Tech ETF (CHAT) is trading 2.3% higher today as information technology stocks rally following NVIDIA’s massive Q1 earnings beat and upbeat AI-chip outlook, which has reassured investors after recent rate-driven volatility.
- Broader Nasdaq futures strength and a modest rebound in growth stocks are helping tech ETFs recover from the prior session’s bond-yield shock.
- AI-levered names are leading the market recovery, significantly benefiting CHAT due to its heavy concentration in the technology and artificial intelligence sectors.