IUSG is trading 2.1% up in pre-market as the broader growth trade strengthens alongside improving semiconductor sentiment.
- Nasdaq futures gained 0.55% as investors positioned ahead of the Federal Reserveβs September 16 decision.
- Reports that Intel and SK Hynix are discussing potential U.S. memory-chip production lifted both companies and related chip stocks in pre-market trading.
- Elevated Treasury yields and inflation concerns partly tempered the advance.