🟢 Semiconductor ETF (USD) is trading 3.2% up in pre-market on exploratory Intel–SK Hynix talks

USD is trading at $82.29 (+3.23%) as semiconductor shares rebound on reports of exploratory Intel–SK Hynix U.S. memory-manufacturing talks.

• Broader risk appetite is supportive, with Nasdaq futures up 0.97% and technology stocks recovering after the Federal Reserve’s rate hike.
• USD’s 2x leveraged exposure to semiconductor equities is amplifying the move.
• The proposed Intel–SK Hynix arrangement remains preliminary, with no agreement finalized.