Global X Artificial Intelligence & Technology ETF is trading higher in after-hours at $66.44, up 2.8% from the regular-session close as investors buy the dip in beaten-down AI and semiconductor names.
- The move follows a significant decline during the cash session where investors engaged in profit-taking and rotated into value and cyclical sectors.
- Market participants are repositioning ahead of the June 17 FOMC decision, with the current rebound appearing to be a technical recovery rather than a reaction to specific news or earnings.