🟢 Tech ETF (SPTE) is trading 3.36% up as chip stocks rebound from Thursday’s AI selloff

SPTE is trading at $42.46, up 3.36%, as investors buy chip stocks after Thursday’s steep AI-related selloff.

• Nvidia and other semiconductor shares led the early recovery; the S&P 500 technology sector fell 7.3% Thursday.
• Investors remain concerned election-driven AI and data-center regulation could slow infrastructure growth. A stronger-than-expected jobs report lifted Treasury yields, adding pressure to rate-sensitive growth stocks.