🟢 Semiconductor ETF (CHIP.SW) is trading 4.3% up despite prior-session semiconductor selloff

CHIP.SW is trading at $104.30, up +4.30%; the supplied context does not establish what drove the gain.

• The sharp sector selloff followed election-related concerns that tighter AI oversight and local restrictions could slow data-center construction and weaken chip demand.
• The Philadelphia Semiconductor Index fell 12.25% on Thursday, with NVIDIA and AMD among the hardest hit.