SPRX is trading at $47.70, up 1.66% from the August 6 regular-session close, primarily as investors rotated back into AI and semiconductors.
- NVIDIA strengthened after SpaceX said it would use NVIDIA hardware exclusively for AI infrastructure, offsetting weakness in memory and semiconductor shares.
- Broader technology sentiment remains constructive; Nasdaq Composite up 0.59%, while higher Treasury yields, crude strength, and Middle East uncertainty continue to limit gains.
- No single verified after-hours holding earnings release explains the ETF move.