🟢 Tech ETF (IYW) is trading 5.41% up in pre-market as Asian chip shares rebound

IYW is trading at $281.76, up +5.41%, as Asian chip shares rebounded after recent losses.

• Samsung, SK Hynix and TSMC rose as selling eased.
• ASML reported stronger-than-expected Q3 sales and reaffirmed its full-year outlook, adding support to semiconductor sentiment.
• September CPI is due later October 14, leaving investors cautious about inflation and interest-rate implications. Broad-index futures were only modestly higher and do not alone explain IYW’s outsized indicated move.