🔴 Tech ETF (SOXQ) is trading 5.64% down as AI rule fears weigh on chip demand

SOXQ is trading at $75.60, with a -5.64% change, as fears of tighter AI infrastructure rules and slower data-center construction threaten expected semiconductor demand.

• Concerns stem from a Democratic sweep of Congress and data-center-state elections, which could bring tighter AI infrastructure rules.
• Chip stocks extended their selloff: overnight losses hit Asian chipmakers, while U.S. semiconductor shares weakened. The Philadelphia Semiconductor Index fell more than 3% in premarket trading.