XSD is trading 2.6% higher as investors rotate back into semiconductors following Intel’s strong after-hours earnings surge and renewed enthusiasm for U.S.-based AI chip manufacturing.
- The rebound follows a sharp Nasdaq sell-off triggered by Alphabet’s heavy AI capital expenditure guidance and rising interest rate concerns.
- Sentiment is bolstered by news of NVIDIA supplier Wistron’s new Texas facility, signaling continued growth in domestic AI infrastructure demand.
- While broader indices fell during the regular session, post-close tech sentiment is improving for diversified semiconductor ETFs leveraged to the AI hardware complex.