🟢 VGT is trading 1.9% up today as Micron earnings revive AI confidence

VGT is trading 1.9% up today as strong Micron Technology earnings and guidance revive confidence in the semiconductor and broader AI trade.

• The move follows a sharp AI-driven selloff earlier in the week, with Nasdaq futures gaining over 2% as investor risk appetite improves.
• Investors are rotating back into growth names and AI infrastructure, reassessing profitability fears after recent market volatility.
• Today's sector strength is primarily tied to the restoration of optimism in the AI infrastructure theme following the positive Micron report.