AIQ is trading 4.5% down as investors rotate out of high-beta technology ahead of Thursday’s key PCE inflation report and amid weaker U.S. equity futures.
- Rising rate expectations and a broad decline in Nasdaq futures are weighing on the information technology sector in pre-market trading.
- The move reflects a post-rally pullback for AI and semiconductor stocks, overshadowing positive news regarding Samsung’s accelerated AI chip capacity build-out.