🔴 Optical Networking ETF (LITX) is trading 9.1% down as investors question AI infrastructure returns

LITX is trading at $30.97, down -9.05%, as investors question whether heavy AI infrastructure spending will earn sufficient returns.

• Concerns about AI funding and borrowing costs have weighed on Lumentum and peers.
• Chinese competition and broader semiconductor weakness add pressure; LITX’s 2× daily exposure to Lumentum magnifies the sector move.