FTXL is trading 6.3% up today as the information technology sector rebounds sharply, led by a resurgence in semiconductor stocks and the broader AI trade.
- Micron’s blowout earnings and Qualcomm’s bullish long-term AI revenue outlook have revitalized tech indices, with IBM’s chip breakthrough further boosting market sentiment.
- The move follows recent multi-day weakness in global technology, marking today’s sector surge as a significant relief rally.