SPMO is trading 3.2% up today as the information technology sector rebounds from this week’s AI and semiconductor-driven selloff.
- Investors are rotating back into tech as broader U.S. indices recover and markets reassess AI spending fears.
- The recovery follows sharp declines earlier in the week for major global players including Samsung, SK Hynix, and U.S. chipmakers.
- Tech-heavy momentum ETFs like SPMO are climbing as market sentiment shifts back toward growth and high-momentum assets.