FTXL is trading 2.7% up today as semiconductor and broader technology stocks continue to rebound following a sharp AI-spending-driven selloff earlier in the week.
- Stronger tech-sector earnings, particularly from cloud and AI leaders, are lifting information technology benchmarks.
- Cooling inflation data and lower interest rate expectations are providing additional support for high-beta semiconductor ETFs like FTXL.
- The aggressive move in the extended session reflects a broader recovery in growth-oriented tech assets following recent volatility.