SPTE is trading 2.6% up in after-hours trading as information technology sentiment rebounds following a sharp semiconductor-led selloff earlier in the session.
- The recovery is driven by TSMC’s record earnings and massive U.S. investment plans, which have bolstered the AI and chip names that dominate this ETF.
- Markets are currently weighing these positive sector developments against broader macro risks, including higher interest rates and escalating U.S.-Iran tensions.