🔴 Tech ETF (SOXQ) is trading 2% down in pre-market as AI infrastructure funding concerns mount

SOXQ is trading at $94.31, down 2.07%, as worries over AI investment sustainability and financing constraints deepened semiconductor weakness.

• Reports that Chinese chipmaker CXMT is advancing next-generation memory technology added competitive and supply concerns, contributing to sharp losses in Asian chip shares.
• Tech futures were weak as investors awaited Wednesday’s U.S. CPI report; broader index futures were mixed.