🔴 Tech ETF (FTXL) is trading 3% down in pre-market as investors question AI investment returns

FTXL is trading at $234.60 (-3.02%) as investors question AI infrastructure funding needs and returns.

• Broadcom and Intel CEOs flagged capital costs as a potential constraint on AI expansion.
• Chinese memory-chip competition added pressure, while South Korea’s chip-heavy market plunged and Nasdaq futures fell.
• The September CPI report due Wednesday is another focus, but immediate pressure appears concentrated in technology and semiconductors.