FTXL is trading at $259.59, up 4.67%, as information technology stocks rebound following a major deal in the semiconductor space.
- Sentiment toward chipmakers improved after Appleβs >$30 billion deal with Broadcom strengthened confidence in U.S. semiconductor supply chains.
- The broader tech sector is seeing a lift, with the Nasdaq and other U.S. equity indices trading modestly higher on July 09, 2026.
- The rally is supporting tech hardware and AI-related names, providing a significant tailwind for sector-focused ETFs like FTXL.