🔴 Tech ETF (FTEC) is trading 2.05% down as AI data-center debt fuels return concerns

FTEC is trading at $286.00, down 2.05%, as investors pull back from technology and AI-linked shares amid worries debt-funded data-center expansion may not generate returns quickly enough.

• CoreWeave’s debt burden is a prominent focus. Hotter-than-expected inflation has revived concerns about higher rates and borrowing costs, pressuring capital-intensive tech stocks.
• The broader market is lower, but the Nasdaq’s larger decline points to technology-specific weakness. ASML’s record sales are a counterpoint, not evidence of the selloff’s cause.