GPIQ is trading up 1.7% in pre-market action as a tech-led rally fueled by strong semiconductor earnings lifts the Nasdaq-100.
- Micron Technology’s earnings beat and positive guidance, combined with a sharp move higher in Qualcomm, are boosting sentiment across the AI and chip sectors.
- Nasdaq futures have gained over 2%, driving a risk-on environment that supports Nasdaq-100-linked option-income ETFs like GPIQ.
- The rebound follows several weak sessions for information technology names, signaling a broader recovery in semiconductor and AI-related stocks.