SPTE is trading 1.8% down today as information technology shares weaken following fresh scrutiny of AI chip exports to China.
- NVIDIA is reportedly tightening its Asian customer whitelist to comply with U.S. export rules, heightening regulatory and demand uncertainty for high-end semiconductors.
- The move has triggered a sector-wide risk-off tone, pressuring large-cap tech and AI-related names within the technology-heavy ETF.
- Investors are increasingly concerned about the potential impact of these restrictions on broader AI infrastructure spending.