FTEC is trading at $281.97 (+2.53%) as technology shares rebound following Micron’s blowout earnings, which have reignited demand across the semiconductor and AI sectors.
- Nasdaq 100 futures are up over 2%, signaling a strong risk-on open following the June 24 selloff.
- The sector is recovering from recent pressure tied to valuation concerns and a broader global tech rout.
- Renewed optimism in AI-driven growth is lifting broader indices and supporting the move higher.