XAIX is trading 2% up at $53.45 in pre-market, rebounding from last week’s AI-sector selloff as market sentiment shifts back toward long-term infrastructure growth.
- Broader index futures are trending higher, supporting a risk-on environment for artificial intelligence and big data names.
- Renewed investor confidence is being driven by large-scale projects like Oracle’s Stargate AI partnership, highlighting sustained capital expenditure in the sector.
- The ETF is benefiting from a recovery in sentiment following a period of sector-wide volatility as investors prioritize long-term AI fundamentals.