🟢 Technology ETF (TECL) is trading 9.51% up as chipmakers rebound from Thursday’s tech-led rout

TECL is trading at $137.25 (+9.51%) as semiconductor shares rebound after Thursday’s technology-led rout.

• Reuters reported broad premarket gains among chipmakers.
• The prior selloff reflected concerns that tougher AI rules could slow data-center construction after Democratic election victories.
• The bounce appears to be relief-driven, though stronger-than-expected payrolls and rising Treasury yields may temper gains. TECL has rebounded sharply from its November 5 close of $124.62.