WQTM is trading at $31.50 (-3.63%) as pre-market weakness is tied to a broader tech selloff and significant pressure on chipmakers.
- Investors are weighing TSMC’s higher capex outlook against growing concerns regarding the long-term sustainability of AI spending.
- Geopolitical risks stemming from U.S.-Iran tensions have pushed markets into a risk-off stance, following NVIDIA’s recent decline and weak semiconductor sentiment across Asia and Europe.