🟢 Tech ETF (WQTM) is trading 1.97% up in after-hours trading on potential Intel-SK Hynix manufacturing cooperation

WQTM is trading at $31.58, up +1.97%, after reports of potential U.S. memory-chip manufacturing cooperation between Intel and SK Hynix.

• AI infrastructure and semiconductor stocks broadly rebounded after recent declines.
• WQTM’s 56.3% information-technology allocation makes the semiconductor rebound its clearest after-hours catalyst; the move is sector-driven rather than a broad risk-on rally.
• The Federal Reserve’s 25-basis-point hike and elevated Treasury yields remain key risks for technology valuations.