State Street SPDR S&P Semiconductor ETF is trading 2.2% up today as semiconductor and broader tech names extend last week’s AI-driven rebound amid improving global risk sentiment.
- Growth sectors are seeing support from progress in U.S.–Iran talks and firmer Asian markets, while NASDAQ futures continue to edge higher.
- Investors are positioning ahead of Micron’s earnings later this week, which is expected to provide a critical read-through for AI infrastructure demand and memory pricing.