🟢 XLK is trading 1.6% up today on Apple–Broadcom supply deal and tech rebound

XLK is trading 1.6% higher following news of a multiyear silicon supply deal between Apple and Broadcom.

• The agreement reinforces the U.S. semiconductor ecosystem, benefiting heavyweight ETF holdings tied to chips and large-cap technology.
• Positive sentiment is further supported by strong NASDAQ futures as technology stocks rebound in pre-market trading.