🟢 Hesai Group is trading 11.61% up in pre-market as semiconductor stocks rebound

Hesai Group is trading at $14.42, up 11.61%, in pre-market, in a move consistent with a semiconductor-sector rebound.

• SOXX was up 2.70% pre-market, according to the supplied sector context.
• Reuters reported U.S. chip stocks recovered on October 19 after a steep sell-off, supported by lower Treasury yields and easing crude prices.
• Hesai recently introduced its Kosmo 3D world data engine, but available coverage does not link the launch to the share-price move. Pre-market volume was not provided.