XAIX is trading 3.7% up at $54.54 in pre-market, rebounding as investors seek diversified AI exposure following recent volatility in the semiconductor sector.

  • The move follows yesterday’s drop tied to NVIDIA tightening Asian export controls and broader pressure on global chipmakers.
  • Market participants are repositioning into the ETF to mitigate specific hardware supply-chain risks while maintaining exposure to the broader AI theme.