🟢 Tech ETF (XSD) is trading 1.96% up today as semiconductor shares rebound

XSD is trading $487.90 (+1.96%) as semiconductor shares rebound alongside the Nasdaq.

• The Nasdaq was up 0.13% during the open session.
• NVIDIA’s planned $12.93 billion Hugging Face acquisition is reinforcing AI-infrastructure optimism, though NVIDIA represents only 3.07% of XSD.
• The August jobs report showed 162,000 payroll gains and 4.1% unemployment, exceeding expectations and potentially limiting rate-cut hopes, creating countervailing yield risk for technology shares.