🔴 Tech ETF (CHAT) is trading 4.6% down in pre-market as AI infrastructure returns face scrutiny

CHAT is trading at $77.38, down 4.60%, as Alphabet’s results and heavy AI investment revived concerns about returns on infrastructure spending.

• Amazon and Intel added pressure after their reports.
• Nasdaq 100 futures fell about 2.2%, with losses spreading to Asian technology and semiconductor shares.
• The move appears sector-led, as earnings and AI-investment worries outweighed broader risk-off sentiment.