🟢 TECL is trading 4.5% up today as easing yields and $874M in CHIPS Act funding boost tech sentiment

TECL is trading at $181.36 (+4.50%) as the technology sector rallies amid improving risk sentiment and easing Treasury yields.

• The Nasdaq is up more than 2% today, with growth stocks outperforming as a decline in Treasury yields encourages a broader risk-on environment.
• The semiconductor sector is receiving a specific boost following the U.S. announcement of $874 million in CHIPS Act funding across seven chipmakers, reinforcing a bullish outlook for the industry.