State Street SPDR S&P Semiconductor ETF is trading 4.5% up today as semiconductor names tied to AI infrastructure rebound from recent volatility amid a broad risk-on shift in U.S. equity futures.

  • The move reverses part of this week’s post-Fed selloff in technology as investors reassess the central bank's steady-rate decision and rotate back into growth assets.
  • Stronger index futures, led by the Nasdaq (NQ), are lifting the information technology sector broadly as near-term interest rate fears begin to ease.
  • The ETF's pre-market gains reflect renewed momentum in AI-focused hardware and infrastructure names following a period of recent market volatility.