TDVI Volume Surges as Oracle, Microsoft, TSMC Moves Stir

FT Cboe Vest Technology Dividend Target Income ETF (TDVI) has seen unusual trading volume, which is 10× higher than its average daily volume.

The fund’s top holdings include Oracle, Microsoft, IBM, and Taiwan Semiconductor, all of which have seen notable developments that could influence TDVI’s income-focused tech strategy. Oracle shares have been buoyed by a new Buy rating from Wedbush’s Daniel Ives, who sees the company evolving into a key AI infrastructure player backed by a large contracted backlog, even as it faces headlines around a reported loss of a major Super Micro contract. Microsoft remains under the spotlight ahead of its upcoming earnings report, with analysts still largely bullish despite heavy AI capital spending, while fresh news highlights its pause on carbon-removal purchases, integration of Anthropic’s Mythos model into its security processes, and a renewed strategic push for Xbox. IBM is under pressure after its latest results, as investors reacted to softer consulting revenue and cautious full-year guidance despite strong growth in software, hybrid cloud, and mainframe infrastructure, whereas TSMC has rallied on a combination of strong AI-driven earnings, supportive regulatory changes in Taiwan, and plans to expand advanced packaging capacity in the U.S., all of which underline its importance to the global semiconductor supply chain.