USD is trading at $82.80 (+4.27%) as semiconductor stocks rebound from the sharp August 24 selloff.

  • Nasdaq-100 futures gained roughly 0.75%, while NVIDIA, AMD, and Intel moved higher pre-market, supporting the leveraged ETF.
  • The recovery reflects renewed positioning ahead of NVIDIA’s August 26 earnings, after chip stocks weakened sharply, including NVIDIA’s nearly 3% decline on August 24.
  • Broader indexes are also higher, but the semiconductor rebound is the primary catalyst.