🟢 Tech ETF (SPTE) is trading 5.6% up in pre-market as AI infrastructure demand boosts chipmakers

SPTE is trading at $50.95, up 5.60% from the September 18 close, as technology stocks lead a broad pre-market rally.

• Nasdaq futures are up roughly 1.1%; Intel, Marvell, and Micron advance on renewed confidence in AI infrastructure demand.
• Falling oil prices are easing Treasury yields and inflation concerns, supporting growth stocks; the move is sector-wide rather than ETF-specific, with Asian and European technology shares higher.
• Accenture’s AI partnership with Anthropic adds an additional technology-sector catalyst.