🟢 XSD is trading 4% up today on AI-chip earnings-driven sector rebound

XSD is trading 4% up today as information technology stocks rally following strong AI-related semiconductor earnings.

• Micron’s blowout results and upbeat guidance, alongside a sharp jump in Qualcomm and gains in IBM on a major chip breakthrough, have revived risk appetite for the AI and semiconductor complex.
• This sector-wide optimism is lifting tech-heavy ETFs like XSD following recent AI valuation-driven selloffs.