XSD is trading at $571.55, up 4.17% in pre-market, rebounding from recent chip stock volatility as a major industry deal boosts sector confidence.
- Apple has secured a $30 billion multi-year agreement with Broadcom for US-made wireless chips, significantly strengthening the semiconductor supply chain outlook.
- Firmer Nasdaq futures and a shift toward a risk-on tone are supporting information technology sentiment following recent geopolitical-driven selloffs.