🔴 Advanced Energy is trading 4.24% down in pre-market amid tech-led selling over AI investment costs

Advanced Energy is trading at $237.06 (-4.24%) in pre-market, with the decline appearing aligned with broader technology and semiconductor weakness.

• No clear company-specific announcement explains the decline; Advanced Energy last announced its Q3 earnings date for November 2 on October 19.
• Overnight reporting described a tech-led selloff amid renewed concern over AI investment costs, with Gulf tensions also weighing on risk sentiment.
• The Nasdaq was down 1.73% and the S&P 500 down 0.99% pre-market.