TECL is trading at $202.90, up 5.29% in pre-market after NVIDIA’s earnings beat.
- NVIDIA reported fiscal Q2 revenue of $96.2 billion, up 106% year over year, with data-center revenue rising 117%.
- Results reinforced AI infrastructure demand and lifted semiconductor and broader technology sentiment.
- IT’s 67.5% TECL weighting makes move primarily sector-driven; Nasdaq futures are up 0.84% and S&P 500 futures gain 0.39%, confirming sector-wide risk appetite; Jackson Hole and upcoming economic data are secondary risks.