EUV is trading 3.3% up today as semiconductor and broader tech shares rebound following last week's sharp AI-related selloff.
- Improving risk appetite and bargain hunting in oversold chip and photonics names are lifting the fund.
- Investors are positioning ahead of major Big Tech and semiconductor earnings to gauge the durability of the AI spending cycle.
- Stronger Nasdaq futures are providing additional tailwinds for the technology-focused ETF in pre-market trading.