LYTE is trading at $13.95, up 4.02%, as chip stocks and Nasdaq futures rebounded in early trading on November 6.
- After Thursday’s technology-led selloff, Nvidia, AMD, Micron and other semiconductor shares recovered some losses.
- The prior declines followed fears that Democratic control of Congress could bring tighter AI regulation and slow data-center construction, alongside weak chip-demand signals. Friday’s move appears to be a partial sector recovery, not evidence those risks have gone away.