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Tech futures are trading modestly higher at the
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Tech futures are trading modestly higher at the open, buoyed by positive developments in GPU supply chains. Reports suggest major chipmakers are securing contracts to meet surging AI demand, lifting futures by 0.28%. Traders remain focused on Thursday’s inflation data as a key catalyst for directional moves. Short-term moving averages have crossed bullishly, reinforcing upward bias in the near term. After a Week 5 bye, Texas Tech (4-0) traveled to unbeaten Big 12 rivals Houston on Saturday and came away with a 35-11 victory. Tech Tuesday is the go-to event for all staff who are looking to stay ahead in the ever-evolving digital landscape. Each session will feature Vanderbilt staff sharing knowledge on emerging technologies, practical workshops and interactive Q&A sessions. Whether it’s exploring AI advancements, understanding cybersecurity or mastering existing tools, Tech Tuesday is designed to empower staff with practical technical skills and knowledge accessible at all levels (101 level). Tech futures inched 0.33% higher despite muted macro data releases. Key drivers included blockchain adoption reports and major cloud migration contracts. The market’s VIX-equivalent index for tech has ticked lower to 19.8, suggesting traders are less concerned about near-term shocks.