MGK is trading 2.1% higher in pre-market as growth and technology shares rebound following last week's semiconductor selloff.

  • Tech-heavy indices are showing strength, with NASDAQ Composite futures up 1.16% and NASDAQ-100 futures gaining 1.02%.
  • Chip stocks, including NVIDIA, are recovering amid continued optimism surrounding AI-related capital spending and enterprise adoption.
  • The information technology sector remains supported by positive sentiment regarding long-term AI growth prospects.