🟢 Tech ETF (WQTM) is trading 3.89% up as chip stocks recover from AI-led selloff

WQTM is trading at $24.64, up 3.89%, as technology shares rebound after Thursday’s sharp AI- and chip-led selloff.

• Nvidia and other semiconductor stocks are recovering in premarket trading. The prior selloff reflected concerns that Democratic election gains could mean tighter AI rules and slower data-center construction.
• A stronger-than-expected October jobs report lifted Treasury yields, a potential headwind for growth stocks that tempers the recovery.