WQTM is trading 2.1% up today as bargain hunting and short-covering support a recovery following a sharp multi-day selloff in the technology and semiconductor sectors.
- The recent downturn was driven by investor concerns over AI infrastructure spending, high valuations, and hawkish Federal Reserve rhetoric regarding inflation.
- Market participants are reassessing the impact of recent guidance shocks and geopolitical risks as the sector attempts to stabilize heading into July 18, 2026.