🔴 Global 100 ETF (IOO.AX) is trading 3% down as AI data-center concerns weigh on tech stocks

IOO.AX is trading at A$195.25, down 3.01%, amid pressure on technology shares linked to concerns about AI data-center construction.

• U.S. technology stocks sold off sharply on November 5 as investors worried election results could bring tighter scrutiny and delays for AI data-center construction.
• Major technology and semiconductor share pressure is relevant to IOO.AX, whose benchmark has substantial information-technology exposure.
• Supplied after-hours futures indicate additional risk-off pressure heading into November 6; the precise Australian session move remains uncertain.