INTW is trading at $408.57 (+12.57%) following an Intel-led recovery in tech sentiment and a sharp rebound in Nasdaq futures.
- The move aligns with a broader risk-on pre-market tone, supported by falling Treasury yields and lower oil prices which provide a tailwind for growth stocks.
- As a leveraged ETF, INTW is experiencing outsized gains as it amplifies the underlying semiconductor rally following recent sector-wide weakness.