QQQI is trading at $55.77, up 1.5% in after-hours trading, tracking a tentative rebound in the information technology-heavy Nasdaq after several sessions of AI and semiconductor-driven weakness.
- Micron’s strong Q3 earnings and upbeat AI memory outlook appear to be easing sector anxiety following the recent global tech rout and Accenture-triggered IT spending concerns.
- The positive sentiment is supporting a modest recovery in tech indices and ETFs as the market stabilizes post-earnings.