COHH is trading 5.2% up in pre-market trading as Nasdaq futures recover from a sharp multi-day selloff in the semiconductor and technology sectors.

  • The move follows a period of heightened volatility triggered by a hawkish-but-steady Federal Reserve stance and a significant decline in global chipmakers.
  • Investors are currently repositioning portfolios ahead of high-profile U.S. technology earnings and critical economic indicators, including upcoming GDP and PCE data.
  • As a leveraged equity ETF linked to Coherent (COHR), COHH is benefiting from improved risk sentiment across the broader tech landscape.