SPTE is trading at $49.63, up 4.59%, as strong results from AI-linked companies SpaceX and Super Micro Computer helped revive confidence in technology stocks after last week’s selloff.

  • Asian semiconductor shares rallied, while Nasdaq futures rose alongside broader U.S. futures.
  • AMD was up more than 15% after preliminary revenue growth; no major U.S. economic indicators are scheduled.
  • The move appears sector-led, with earnings optimism outweighing concerns about elevated oil prices.