WQTM is trading at $32.87 (+2.53%) as stronger-than-expected Micron results and an upbeat outlook for AI memory demand lifted technology sentiment overnight.
- Asian tech shares and U.S. Nasdaq futures were higher.
- Cooler August inflation reduced near-term rate-hike expectations, while Treasury yields near 5.3% remain a headwind.
- U.S. manufacturing PMI readings due later could influence yields and rates-sensitive tech shares.