🔴 Innoviz Technologies is trading 6.48% down today amid chip-stock declines and AI-spending concerns

Innoviz Technologies is trading at $0.22, down 6.48%, amid broad technology and chip weakness.

• No clear company-specific catalyst was identified for the October 22 decline.
• Innoviz announced its November 11 earnings call for 8:00 a.m. ET; this was a scheduling announcement, not reported results or a major business development.
• Reuters cited AI-spending concerns and rising oil behind pressure on Nasdaq futures and chip stocks; SOXX was down 4.20%.