VGT is trading at $111.17, down 3.61%, as investors weigh potential tighter AI and data-center oversight after the midterm elections.

  • Possible limits on data-center construction are among the measures investors are weighing.
  • Qualcomm’s handset revenue fell 26% to $5.14 billion, missing expectations, and its outlook weighed on chip stocks.
  • Nasdaq futures and semiconductor shares also weakened, while broader market performance was more resilient.