XSD is trading at $410.00, up +4.29%, as semiconductor stocks rebound in pre-market after Thursday’s AI-driven technology selloff.
- Nasdaq futures are higher, and chipmakers including Micron, AMD, and Intel have rallied.
- The prior selloff reflected concerns that the election outcome could bring tougher AI regulation and constrain data-center investment.
- Investors are also watching the October employment report for clues about interest rates.