🟢 Technology ETF (WQTM) is trading 1.5% up in pre-market on possible AI-memory optimism spillover

WQTM is trading at $32.39, up +1.50%, as after-hours AI-memory optimism may be spilling over following Penguin Solutions’ reported stronger AI-memory revenue and results.

• This potential tailwind is countered by weak index futures, high Treasury yields and oil-related inflation concerns.
• Those broader headwinds weighed on technology and semiconductor shares in the prior session.