🟢 Technology ETF (GPIQ) is trading 1.72% up as investors buy chip stocks after AI-driven selloff

GPIQ is trading at $51.45, up +1.72%, as investors buy chip stocks after Thursday’s AI-driven selloff.

• Nvidia and other chipmakers rose in premarket trading.
• The prior selloff reflected fears that Democratic election gains could bring tougher AI rules and slow data-center construction.
• Strong payrolls and rising yields may temper the recovery by reviving expectations of a December rate hike.