🟢 Tech ETF (SPTE) is trading 2.3% up in after-hours trading as AI optimism lifts chipmakers

SPTE is trading at $50.75, +2.32% after hours as AI enthusiasm, falling crude prices, and retreating Treasury yields support technology stocks.

• The move extends the September 21 technology rally, reducing inflation and interest-rate pressure on growth stocks amid a broader risk-on recovery.
• AMD surged more than 9% and reached a $1 trillion valuation, while chipmakers led information technology, which gained approximately 2.0%; the Nasdaq and S&P 500 also advanced.