NODE is trading 3.1% lower in pre-market as the information technology sector faces pressure from a global semiconductor selloff and mounting concerns over AI-related capital expenditures.
- Investors are rotating from growth and tech-heavy exposure toward value and industrials ahead of the Federal Reserve’s afternoon policy statement.
- Demand for higher-volatility digital assets and onchain-economy plays remains subdued as market participants reduce exposure to high-beta assets.
- The broader tech sector remains under pressure as the market reassesses the immediate returns on massive AI infrastructure investments.