🔴 Technology ETF (SPTE) is trading 1.52% down in pre-market as semiconductor shares retreat after early-October rally

SPTE is trading at $51.08, down 1.52% in pre-market as semiconductor shares weaken after a sharp early-October rally.

• Intel, AMD, Micron and SanDisk were lower pre-market, while Nvidia was an exception.
• Asian memory-chip weakness, particularly in SK hynix, added pressure as investors weighed high U.S. yields and caution about AI-chip demand.
• U.S. index futures were higher, pointing to tech-sector profit-taking rather than a broad-market decline.