State Street Technology Select Sector SPDR ETF is trading 1.9% up today as investors bid up large-cap technology following Nvidia’s move to launch 3nm Windows PC SoCs.
- The launch challenges Intel’s market dominance and strengthens sentiment surrounding future demand for AI-integrated PC hardware.
- Technology is outperforming the broader mixed market as traders rotate toward AI beneficiaries and position for the start of the month.
- The sector is seeing significant strength in semiconductors and hardware spillovers following Nvidia’s COMPUTEX-related announcements.