On August 4, Invesco QQQ rose 3.03% in regular trading, trading at $721.445/share, with turnover of $23.97 billion. Multiple tailwinds converged to drive a broad-based tech stock rebound.

On the news front, Anthropic signed a $10 billion computing power deal with Volta, an NVIDIA-backed infrastructure firm, locking in 133 megawatts of data center resources. The mega-order underscored surging demand from AI developers for high-performance chips and triggered widespread gains across the semiconductor sector. Marvell Technology surged over 11%, ARM climbed over 9%, and Intel rose more than 6%. The Magnificent Seven index jumped 3.6%, marking its largest single-day gain in four months, while NVIDIA reclaimed a $5 trillion market capitalization.

Invesco QQQ seeks to maintain correspondence between the composition and weights of its holdings and the stocks in the NASDAQ-100 Index, with the adviser adjusting the securities from time to time to conform to periodic changes in the identity and relative weights of index securities.

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