🟢 SPMO is trading 1.6% up today on Intel-Apple AI chip partnership and tech sector strength

SPMO is trading 1.6% up today as the information technology sector, which comprises nearly 49% of the ETF, drives significant gains.

• Intel shares are rising sharply following confirmation of a partnership with Apple to produce custom AI chips, providing a major catalyst for semiconductor and tech momentum stocks.
• The broader market is modestly higher with the S&P 500 up 0.32%, though tech remains the clear leader amid a quiet economic calendar.
• The ETF is benefiting from its heavy concentration in high-growth technology names reacting to this sector-specific momentum.