🔴 Tech ETF (FTXL) is trading 2.15% down amid reported unwinding of crowded AI trades

FTXL is trading at $243.16, with a -2.15% change, as semiconductor shares reportedly fell amid investors unwinding crowded AI trades after industry leaders called for a slower pace of AI development.

• Intel, AMD, and NVIDIA were among the decliners.
• Major FTXL holdings include Intel (8.44%), Micron (7.62%), and NVIDIA (7.37%).
• The move appears concentrated in chip stocks, pointing to a semiconductor-sector repricing rather than a broad-market decline.