USD is trading at $76.70, down 3.26%, as renewed doubts about AI infrastructure financing weigh on tech and semiconductor sentiment.
- South Korean AI data-center firm Elice plunged in its October 20 debut; CoreWeave fell premarket, reviving demand and funding concerns for AI-computing buildouts.
- Broader tech weakness and persistent AI-trade credit concerns likely contribute to USD's decline; Nasdaq is down 0.71%. This is consistent with, but does not establish, the precise cause of USD's intraday move.