🟢 Growth ETF (SPYG) is trading 3.4% up in pre-market on AI-memory optimism after SK hynix buyback

SPYG is trading at $123.88 (+3.39%) pre-market, rebounding after the August 20, 2026 selloff as Nasdaq futures rise 0.51% and risk appetite improves.

• Information technology gains on renewed AI and semiconductor sentiment after SK hynix announced a record 40 trillion won buyback and cancellation program tied to confidence in AI-memory growth.
• The broad move remains sensitive to elevated Treasury yields, Fed uncertainty, and Middle East tensions.
• No major U.S. release is scheduled before the 9:45 a.m. ET flash PMIs; futures positioning and sector rebound dynamics drive pre-market activity.