VGT is trading 1.72% up in pre-market as investors digested the Federal Reserve’s September 16 rate hike and rate uncertainty temporarily receded.

  • Lower oil prices are easing inflation concerns.
  • Nasdaq futures and semiconductor shares strengthened, supporting the technology-led rebound.
  • Strong AI infrastructure demand adds sector support, while the reported HBM shortage and sharply higher memory prices remain a longer-term supply risk.