🟢 Tech ETF (SPRX) is trading 2% up in pre-market on NVIDIA’s $500 billion AI initiative

SPRX is trading at $47.76, up 2.01%, as sector-driven AI investment optimism outweighs geopolitical and rate concerns.

• Nasdaq futures are up 0.35%, supporting a broad technology rebound.
• NVIDIA’s planned $500 billion AI-infrastructure financing initiative is strengthening sector sentiment.
• Oil prices are surging nearly 5% amid Strait of Hormuz tensions, adding inflation risk ahead of CPI; no major U.S. economic release is scheduled before the market open.