QYLD is trading $17.49, -2.74% as chip and data-center shares weakened amid concerns about potential tighter U.S. oversight of AI and data-center construction.

  • Investors weighed the potential oversight changes following the midterm results.
  • Qualcomm fell after its smartphone-chip sales outlook missed expectations.
  • Major chip shares declined even as some large-cap tech stocks gained, highlighting the sector split behind QYLD’s move given its technology-heavy exposure.