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 Reserve’s 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.