VOO is trading at $694.68 (-1.38%) as tighter-oversight concerns could slow AI data-center construction, weighing on chipmakers and related infrastructure stocks.

  • Semiconductor weakness is broadening beyond the U.S., while major large-cap technology stocks are mixed.
  • The decline follows Wednesday’s election-driven rally, with investors reassessing regulatory risks after Democrats won Congress.
  • The supplied market context reports the S&P 500 down 1.43% and Nasdaq down 2.75%; VOO’s 39.6% technology weighting makes sector pressure especially relevant.