🟢 Tech ETF (SPTE) is trading 2% up in after-hours trading as chips rebound from selloff

SPTE is trading at $42.99, up 1.98% after semiconductor shares rebounded from Thursday’s sharp AI-driven selloff.

• On November 6, technology stocks rebounded as investors bought beaten-down semiconductor shares; the semiconductor index gained about 4.2%, with chip stocks leading the recovery.
• Concerns about tighter AI rules and slower data-center expansion remain; stronger-than-expected October jobs data raised interest-rate concerns.
• The after-hours gain follows SPTE’s 2.67% regular-session advance; no specific late-breaking holding earnings catalyst was identified.