US equity futures were slightly higher on Friday as AI infrastructure stocks rebounded and Treasury yields maintained yesterday's pullback. Contracts for the S&P 500 and the Nasdaq 100 gained 0.5% and 1%, respectively, approaching record highs from earlier in the week. Chipmakers rallied as markets looked past speculative risks, shaking off concerns over a report that OpenAI's revenue could fall short of earlier estimates. Broadcom, Micron, Marvell, AMD, and Lam Research each climbed more than 2% in premarket trading. On the software side, Amazon, Alphabet, and Meta gained around 1% each. The sector drew further support as SoftBank sought to raise $100 billion from Gulf investors for additional AI ventures. Meanwhile, traditional sectors enjoyed respite as long-term yields pulled back from multi-decade peaks. US President Donald Trump signaled that the US would not strike Iran before the midterm elections next month, cooling energy prices and inflation expectations.