XSD is trading 2.4% higher today as semiconductor and broader tech names rebound after last week’s AI-valuation-driven pullback.
- Nasdaq-100 and S&P 500 futures are firmly positive as investors look past recent BIS warnings on AI spending risks to re-embrace chip and AI infrastructure exposure.
- An improved geopolitical tone regarding U.S.–Iran tensions and the absence of major economic data are further boosting risk appetite in the information technology sector.