🔴 Tech ETF (SPRX) is trading 2.3% down in after-hours trading amid Nvidia's results and AI-demand outlook

SPRX is trading at $44.46 (-2.29%) as Nvidia’s report and AI-demand outlook drive technology focus.

• Nvidia’s report arrived after the August 26 close; consensus expected approximately $92.17 billion in revenue and $2.10 adjusted EPS.
• Sticky inflation and uncertainty ahead of the Jackson Hole Symposium pressured rate-sensitive growth stocks; Nvidia had already fallen nearly 1% before reporting.
• August 27: semiconductor and AI-linked shares remain sensitive to Nvidia’s guidance; Marvell earnings and Federal Reserve commentary could influence broader technology sentiment.