🟢 RGTX is trading 5.3% up today as AI chip stocks rebound on Micron and Qualcomm earnings

RGTX is trading 5.3% up today, staging a pre-market recovery after a steep 16.5% drop in the prior session.

• The 2x leveraged ETF is reacting to a strong overnight rebound in semiconductor and AI-related shares following Micron’s earnings beat and Qualcomm’s upbeat data-center news.
• The bounce is supported by a broader risk-on move in equity futures, reversing some of the heavy losses seen in high-beta AI computing exposure.
• Investors are pivoting back to the sector as positive guidance from major chipmakers reinforces the growth narrative for AI infrastructure.