🔴 Tech ETF (FTXL) is trading 1.9% down on October 14, 2026, as CXMT advances memory tech

FTXL is trading at $237.02 (-1.90%) as CXMT’s progress on memory technology could intensify competition and weigh on chip pricing.

• Investors are also questioning returns on heavy AI infrastructure spending.
• September CPI came in hotter than expected, lifting Treasury yields and adding pressure to rate-sensitive technology shares; Nasdaq 100 futures were down 0.49% after the release.