THNQ is trading 1.5% down at $85.83 as AI-focused and semiconductor names retreat alongside broader tech weakness.
- Investors are rotating out of AI-linked stocks and chip makers following sector-wide concerns regarding demand and profit sustainability.
- The downward pressure on the ETF occurs despite strong financial results from key industry players like Samsung.
- The fund, which tracks global artificial intelligence companies, is being impacted by a broader shift in sentiment away from high-growth technology sectors.