🟢 Technology ETF (DRMP) is trading 3.7% up in pre-market as Micron’s blockbuster results lift AI-chip optimism

DRMP is trading at $23.46, up 3.74% in pre-market, as Micron’s blockbuster results and stronger AI-memory demand fuel the sector’s move.

• The news lifted Asian technology shares and U.S. Nasdaq futures.
• Futures are higher, but the 10-year Treasury yield reached 5.306%, a level Reuters reported was the highest since mid-June 2007, keeping pressure on growth-stock valuations.
• Manufacturing PMI is also in focus, while AI-chip optimism remains the clearest sector catalyst.