🟢 Tech ETF (WQTM) is trading 3.03% up in pre-market on reported Intel-SK Hynix U.S. chipmaking cooperation

WQTM is trading at $32.00, up 3.03% from the September 16 close in pre-market trading, supported by reported exploratory cooperation between Intel and SK Hynix to manufacture memory chips in the United States.

• The cooperation could involve Intel’s Ohio facility; Intel reportedly gained roughly 4–5% pre-market.
• Stronger U.S. equity futures and a broader technology rebound also support the move.
• The September 16 Federal Reserve rate hike, higher Treasury yields, and possible December tightening limit upside in rate-sensitive growth stocks.