🟢 Powell Industries is trading 9.34% up in pre-market amid a rebound in AI-exposed equipment suppliers

Powell Industries is trading at $136.74, up 9.34% in pre-market, amid a rebound among AI-exposed equipment suppliers.

• Reuters reported Nasdaq futures climbed as chip stocks gained ground and suppliers recovered from Thursday’s sharp sell-off.
• The sell-off reflected concerns that tougher AI scrutiny could slow data-center construction after the midterm results; no fresh company-specific catalyst was identified.
• Powell Industries’ fiscal 2026 results are scheduled for November 16.