XSD is trading 1.9% higher in pre-market as semiconductor and broader tech futures extend Monday’s rally, driven by ongoing AI-chip momentum and improved risk appetite.
- The sector is benefiting from sustained AI infrastructure demand and expansion plans at major foundries, which has lifted equal-weighted semiconductor ETFs.
- Market sentiment is being bolstered by lower energy prices and supportive macro data, which have helped ease recent inflation fears.
- Nasdaq futures climbed overnight as investors continue to rotate into information technology following positive sector commentary.