QQQM is trading at $288.12, up 1.89%, as AMD’s better-than-expected results and strong revenue outlook boost semiconductor and AI-related shares.
- AMD’s data-center revenue rose 97% year over year.
- Arista Networks rallied after strong results and guidance; the rally broadened beyond technology, with major U.S. indexes higher.
- Initial election-related worries about AI regulation eased as investors reassessed the prospect of divided government.