XSD is trading at $466.62 (+2.50%) as AMD’s strong results and faster growth outlook lift semiconductor sentiment.

  • AMD shares rose 7.3% pre-market; the Democratic sweep raised concerns about tighter AI and data-center oversight, weighing on related shares.
  • U.S. futures recovered from early losses, while Asian technology shares faced election-related pressure.
  • Chip-earnings optimism is outweighing regulatory concerns; scheduled trade data and services PMI remain potential catalysts later in the session.