XSD is trading at $516.59, down 2.57%, as investors react to calls from AI leaders to slow development of advanced models, raising concerns about chip demand and AI valuations.

  • Selling was concentrated in chips; premarket reports showed Intel down 7%, AMD down 6%, and NVIDIA down 3%.
  • U.S. equities are open October 12, while the bond-market holiday may mean thinner liquidity.