XLK is trading 1.7% up in pre-market, tracking broader market strength after yesterday's record highs fueled by cooling JOLTS data and Fed rate cut hopes.
- Samsung Electronics hit a $1 trillion valuation on surging AI chip demand, boosting sentiment across the tech sector.
- Semiconductors are gaining on positive spillovers from AMD's 16.5% after-hours surge and Intel's 12.9% jump on Apple deal rumors.