🟢 Tech ETF (SPTE) is trading 4.6% up in pre-market on AI and semiconductor optimism

SPTE is trading 4.6% up in pre-market, driven by tech-led futures and AI semiconductor optimism.

• Nasdaq futures are up 0.37%, with NVIDIA and Micron also higher; record global chip sales and stronger HBM investment add support.
• July payrolls unexpectedly fell by 23,000, prompting investors to reassess rate expectations and supporting growth stocks.
• Upcoming CPI and PPI releases remain risks.