FTXL is trading 1.9% up as reports of preliminary, unconfirmed discussions between Intel and SK Hynix on U.S. memory-chip manufacturing lift semiconductor optimism.

  • The Nasdaq Composite is up 0.61%; Intel rose about 5% in early trading on the report.
  • Higher Treasury yields, strong retail sales, and the risk of hawkish Federal Reserve guidance are limiting technology-sector gains.