🟢 Tech ETF (IYW) is trading 1.9% up in pre-market as chip stocks rebound

IYW is trading at $228.45, up +1.93%, as chip stocks rebound after heavy losses.

• Nasdaq futures were higher; NVIDIA gained 3.6% pre-market, while AMD, Intel, Broadcom, and Micron rose 5%–8.3%, according to Reuters.
• The rebound follows a steep technology selloff; Asian technology markets fell sharply overnight.
• Concerns persist that election-driven AI regulation and possible data-center restrictions could slow infrastructure growth.