🟢 QBIT.SW is trading 6.8% up today as it rebounds from a heavy sector pullback

QBIT.SW is trading sharply higher at CHF 17.46, up 6.8% from its last close, rebounding from a significant selloff in the global semiconductor sector.

• The move follows a heavy pullback on August 3, when South Korea’s KOSPI fell 5.12% amid broader valuation concerns.
• Key memory-chip leaders Samsung Electronics and SK Hynix each dropped more than 8% during the previous session, triggering widespread profit-taking.
• The ETF tracks global memory-chip and AI-hardware names, which are seeing a recovery after the recent volatility.