🟢 Tech ETF (SOXQ) is trading 5.1% up in pre-market as chip stocks stabilize after selloff

SOXQ is trading at $74.64 (+5.07%) as semiconductor shares rebound in pre-market after Thursday’s steep technology-led selloff.

• U.S. Nasdaq futures also rose as chip stocks stabilized.
• The earlier rout reflected concerns that tighter AI and data-center regulation could slow infrastructure investment and weaken chip demand; the Philadelphia Semiconductor Index fell 12.3% Thursday.
• The rebound follows heavy losses; October payrolls are due at 8:30 a.m. ET and remain a market focus.