FTEC is trading at $261.00, up 2.29%, as chip stocks rebound in pre-market.

  • Nasdaq futures rose, and NVIDIA, AMD, Intel, Broadcom, and Micron rebounded in pre-market after steep prior-session losses, supporting a technology-sector bounce.
  • The rebound follows a sharp selloff driven by concerns that tighter AI oversight and data-center restrictions could slow infrastructure investment and chip demand; Asian technology markets remained under pressure.
  • This appears to be a partial recovery, not evidence that sector risks have cleared.