VOOG is trading at $83.75, down 1.67%, as AI-related selling and semiconductor weakness weigh on technology.
- Technology is 41.4% of exposure; investors question debt-funded AI infrastructure spending, with CoreWeaveβs roughly $50 billion debt burden a focal concern.
- Hotter-than-expected September inflation renewed concerns about tighter Fed policy and higher borrowing costs for growth stocks; broader markets are also lower.
- ASML reported record sales and strong AI demand, but this has not offset sector-wide pressure.