LYTE is trading at $20.39, up 2.25%, as renewed AI-trade optimism lifts chipmakers after SpaceX results and an AI rally across Asia.
- Micron and Intel were each up about 3.4% premarket.
- Investors are weighing earnings due from Meta, Texas Instruments and Lam Research, while elevated borrowing costs and AI spending temper sentiment.
- The supplied Micron minerals-investment headline may add company-specific interest, but does not establish the sector-wide cause.