🟢 Tech ETF (SPTE) is trading 8.82% up in pre-market on Micron’s record revenue and Q1 outlook

SPTE is trading at $54.87, up 8.82%, as Micron’s record results reinforced optimism about AI-driven semiconductor demand.

• Micron reported record fiscal Q4 revenue of $54.23 billion and gave a strong Q1 outlook, lifting Asian chip stocks.
• U.S. futures were modestly higher as investors awaited the September jobs report; broader signals alone do not explain the ETF’s move.
• Technology had held up amid rate concerns, but Treasury yields and labor data remain potential headwinds.