🔴 Tech ETF (CHPS) is trading 2% down as AI financing concerns weigh on tech shares

CHPS is trading at $77.70 (-1.96%) as renewed concerns about the sustainability and financing of AI infrastructure spending weigh on technology shares.

• CoreWeave’s debt-related selloff has amplified sector anxiety.
• The Nasdaq Composite is down 0.71% as investors weigh upcoming earnings and housing data.
• JPMorgan reported banks have limited CoreWeave exposure, which may temper fears of wider contagion but has not removed sector concerns.