GPIQ is trading 1.5% up today as its tech-heavy portfolio benefits from a broad rebound in information technology, driven by falling oil prices and a massive AI supply partnership between Samsung and Broadcom.
- Nasdaq futures are leading major indices higher as easing Fed hike odds and a sharp drop in oil prices improve broader market sentiment.
- AI-related optimism is boosting large-cap chipmakers following the Samsung and Broadcom long-term supply deal, providing a significant tailwind for tech-focused ETFs.