VanEck Semiconductor ETF is trading at $586.52 (+2.82%) in pre-market action, tracking a 1.01% gain in Nasdaq futures and a broader recovery in the technology sector.
- Semiconductor sentiment is stabilizing after a recent AI-driven selloff and tech rotation linked to Oracle's performance.
- Market participants are positioning ahead of the 8:30 AM PPI report, which remains a key inflation risk event for the session.