🔴 Growth ETF (QTOP) is trading 3.4% down as AI/data-center regulation concerns pressure technology stocks

QTOP is trading at $34.50 (-3.44%) as AI/data-center regulation concerns pressure technology shares.

• Chip and AI-infrastructure shares remained under pressure amid concerns a Democratic-controlled Congress could increase scrutiny of data-center construction and slow related investment.
• The Philadelphia semiconductor index fell more than 3% in premarket trading; Nvidia, Intel, and Broadcom also slipped.
• The Nasdaq fell 2.37%, while the Dow fell 0.36%; QTOP’s technology-heavy exposure makes sector weakness especially relevant.