USD is trading at $75.50, up 3.13%, with the move most clearly tied to a semiconductor rebound. - Chip stocks strengthened before the open: the semiconductor ETF was up 1.8%, and 29 of 30 components gained in premarket trading. USD seeks 2× the daily performance of a U.S. semiconductor index. - Investors are positioning ahead of Microsoft, Alphabet, and Amazon earnings, with AI spending and returns under scrutiny; broader technology sentiment remains cautious.