THNQ is trading 2.9% down at $84.60, underperforming a mildly weaker broader market as risk-off sentiment hits the global tech sector.
- Fresh concerns have emerged regarding AI hardware supply chains after NVIDIA tightened controls on Asian customers to curb illegal high-end chip exports to China.
- The ETF is facing additional pressure from modest declines across major U.S. indices and a general pullback in AI-related equities.