LYTE is trading at $24.74, up +4.92%, supported by Intel strength following reports involving potential SK Hynix manufacturing cooperation.

  • The move appears to be a rebound from the recent AI-linked technology selloff; the broader market remains modestly positive.
  • S&P 500 is up 0.24% and Nasdaq Composite is up 0.38%.
  • Higher Treasury yields and the pending Federal Reserve decision remain offsetting risks; Reuters previously reported AI-related chip weakness in Nvidia, AMD, and Micron.