USD is trading 3.9% up today, recovering part of last week’s sharp tech-led selloff as sentiment improves for semiconductor and AI supply-chain names.
- The ETF’s heavy information technology allocation is benefiting from firmer NASDAQ futures and ongoing enthusiasm for AI, even amid recent market volatility.
- Global tech sentiment remains constructive despite headwinds from weak Chinese data and higher yields.
- Speculative interest is offsetting volatility triggered by a looming Samsung strike and a TSMC stake sale.