🟢 Tech ETF (SPTE) is trading 1.5% up today on reports of SK Hynix-Intel U.S. chip talks

SPTE is trading 1.5% up today as reports that SK Hynix and Intel are exploring U.S. memory-chip production improve semiconductor sentiment.

• The broader technology-led risk-on session has the Nasdaq Composite up 0.82%, with investors favoring growth stocks.
• Stronger-than-expected August retail sales support economic optimism but reinforce expectations for elevated interest rates.
• Talks remain preliminary and could involve Intel’s Ohio facility; Intel’s shares rose sharply premarket, helping lift technology-sector sentiment.