AIQ is trading at $62.68, down 1.8% from its July 06 close, tracking broader weakness in technology futures and cooling enthusiasm for AI-chip demand.

  • Information technology futures are under pressure with the Nasdaq-100 down 0.90%, as investors reassess AI-memory demand for major players like Nvidia and AMD.
  • High-valuation growth and AI-related stocks are facing headwinds as the market awaits the release of Fed minutes and key trade data.