Integrated Media Technology surged 11.32% in premarket trading, driven by positive developments in the technology sector. The stock’s rally aligns with SoftBank’s $2 billion investment in Intel, boosting semiconductor sector sentiment, and Microsoft’s public concerns about AI-related risks, signaling growing industry focus on AI governance. Additionally, the UK’s reported retreat in its privacy dispute with Apple eased regulatory headwinds for tech firms, indirectly benefiting media and technology stocks. These factors collectively reinforced investor confidence in the sector, propelling Integrated Media Technology’s premarket gains.
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