QQQI is trading at $49.57, up 1.78% in pre-market, tracking stronger Nasdaq futures and a rebound in chip shares after Thursday’s steep tech selloff.

  • Nasdaq futures are up 1.60%, with AMD and Intel higher.
  • Fears that tighter AI and data-center rules could slow infrastructure investment weighed on technology shares in the U.S. and Asia.
  • October’s U.S. employment report is scheduled for 8:30 a.m. EST, an upcoming catalyst at 5:12 a.m.