SPYG is trading at $114.36, up 1.94%, as technology shares rebound after last week’s steep AI-related selloff.

  • Friday’s U.S. rally was led by technology, including a 4.2% gain in the Philadelphia Semiconductor Index.
  • Worries about AI regulation and data-center construction continue, while reports of an Nvidia board investigation are a sector headwind.
  • SPYG’s 40.5% information-technology exposure makes the sector rebound a likely driver of its gain.