QQQI is trading at $53.66 (-1.65%) as AI leaders’ calls to slow development pressured chipmakers and AI infrastructure stocks.
- Nasdaq-100 futures fell roughly 1.6%–1.8%, exceeding broader index declines.
- NVIDIA, Intel, Micron, and other semiconductor stocks weakened sharply pre-market; rising oil prices and elevated Treasury yields pressured growth-stock valuations.
- Software and cybersecurity gains only partially offset semiconductor losses.