PLTE.TO is trading 3.4% up today as investors rotate back into AI software names following profit-taking in semiconductors and the broader tech pullback on July 13, 2026.

  • The move is supported by easing inflation data and improved rate-cut expectations, which have renewed demand for high-growth AI software exposure.
  • AI software names are currently showing relative strength versus hardware and chipmakers as the market recalibrates after recent volatility.