🟢 Growth ETF (QQQM) is trading 1.6% up in pre-market as semiconductor shares lead gains

QQQM is trading at $294.91, up 1.62% from the September 16 close as semiconductor shares lead broader technology gains.

• Nasdaq Composite futures are up 1.61%, with broad risk-on positioning, easing inflation concerns, and firmer global markets supporting growth stocks.
• Intel, NVIDIA, Micron, and AMD are higher; Intel-related U.S. memory-manufacturing discussions reinforce AI infrastructure optimism.
• The Federal Reserve’s September 16 rate hike removed near-term policy uncertainty; the move is primarily broad-market and technology-sector driven.