FTXL is trading at $283.00 (+4.22%) as Micron's post-close earnings beat lifted sentiment across the semiconductor sector and AI supply-chain names.

  • The ETF is tracking the semiconductor complex higher following MU's positive after-hours results and read-through.
  • The move marks a relief bounce after recent pressure on tech valuations and the June 24 selloff tied to AI concerns.
  • Strong earnings results are helping to offset broader market worries regarding tech sector valuation levels.