🟢 Technology ETF (QTUM) is trading 1.65% up today on TSMC record revenue and surging AI chip demand

QTUM is trading 1.65% up today as the information technology sector advances following record-breaking Q1 results from TSMC.

• TSMC reported record Q1 revenue of $35.6B, a 35% YoY increase driven by surging AI chip demand from major partners including Apple and Nvidia.
• The broader tech catalyst aligns with a 1.13% gain in the NASDAQ as optimism surrounding a US-Iran deal eases energy concerns and boosts risk assets despite geopolitical tensions.