QTOP is trading 1.5% up today as the information technology sector rebounds, led by top holding NVIDIA's surge on news of a potential $50B AI chip deal in China.
- NVIDIA CEO Jensen Huang is reportedly joining a U.S. delegation to China to discuss a massive H200 AI chip agreement, boosting sentiment across the semiconductor space.
- The broader tech sector is recovering from an inflation-driven selloff, with the NASDAQ Composite rising 1.25% and peers like Micron gaining over 5% pre-market.
- Stabilizing oil prices are further supporting the growth-heavy ETF as investors rotate back into high-beta technology stocks.