SPYG is trading at $113.00, up 1.65% in pre-market as chip stocks rebound after Thursday’s technology-led selloff.
- Nvidia is up 3.6%, while several other chipmakers are gaining 5%–8.3%, helping lift Nasdaq futures.
- The rebound follows concerns that tighter AI oversight could delay data-center construction and weaken semiconductor demand.
- October payrolls are in focus, but available reporting points to chip stabilization—not a confirmed new economic-data catalyst—as immediate support.